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.
- Heating System
- Parking Features
- Roof:
- Shingle
- Sewer
- 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''
- 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:
- Click Here
Commercial Sale For Sale
345 85th St, Miami Beach, Florida 33141, Miami Beach, Florida 33141
- 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
