Property Description

Prime 8-Unit Multifamily Investment Opportunity in Miami Beach! Exceptional income-producing property featuring eight 1-bedroom, 1-bathroom units in one of Miami Beach’s most desirable rental markets. Currently 7 of 8 units are occupied, providing immediate cash flow with one vacant unit offering instant value-add potential. Built in 1951, the property offers 6,336 SF of improvements on a 7,680 SF lot with RM-1 Multifamily Low Intensity zoning and 8 assigned parking spaces. Ideally located just minutes from the beach, world-renowned dining, shopping, entertainment, and major employment centers, this asset benefits from strong year-round rental demand and a thriving workforce demographic. A rare opportunity for investors seeking stable income with future upside in a premier Miami Beach location. Do not disturb tenants. Showings by appointment only.

Features
Heating System
Parking Features
Roof:
Shingle
Sewer
Address Map
State:
FL
County:
Miami-Dade
City:
Miami Beach
Zipcode:
33141
Street:
345 85th St, Miami Beach, Florida 33141
Longitude:
W81° 52' 35.5''
Latitude:
N25° 52' 12.2''
MLS Addon
Building Area:
6,336 Sqft
Construction Materials:
Block
Cumulative DOM:
1
DOM:
1
Flooring:
Tile, Laminate
Internet Address Display:
1
Internet Listing Display:
1
Parcel Number:
02-32-02-005-0280
Structure Type:
Multi Family
Virtual Tour:
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Commercial Sale For Sale

345 85th St, Miami Beach, Florida 33141, Miami Beach, Florida 33141

7,680 Sqft
$2,750,000
MLS # #A12064481
Basic Details
Property Type :
Commercial Sale
Listing Type :
For Sale
Price :
$2,750,000
Year Built :
1951
Lot Area :
7,680 Sqft
MLS # :
A12064481
Property Sub Type :
Multi Family
Agent info
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