625 75th Street is a fully modernized, two-story, six-unit multifamily asset situated on a 5,500 SF parcel in the North Beach submarket of Miami Beach. Comprising 3,400 adjusted square feet, the property features an efficient unit mix of four 1-bedroom/1-bathroom units and two studio residences. The building has undergone substantial capital expenditures, including complete upgrades to both the electrical and plumbing systems, along with full-building hurricane impact windows and doors, minimizing near-term deferred maintenance for incoming ownership.
Zoned RM-1 (Residential Multifamily, Low Density) under the Miami Beach Land Development Code, the property provides immediate cash flow stability backed by high tenant retention and severe local rental housing supply constraints. Positioned within walking distance to the beach, the North Beach Oceanside Park, and major transit corridors connecting to mainland Miami, the asset represents a turnkey, low-maintenance holding for 1031-exchange investors or private capital seeking insulated coastal real estate fundamentals.
- State:
- FL
- County:
- Miami-Dade
- City:
- Miami Beach
- Zipcode:
- 33141
- Street:
- 625 75th St, Miami Beach, Florida 33141
- Longitude:
- W81° 52' 29.2''
- Latitude:
- N25° 51' 38.6''
- Building Area:
- 3,400 Sqft
- DOM:
- 12
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Parcel Number:
- 02-32-02-007-1940
- Structure Type:
- Apartment
Commercial Sale For Sale
625 75th St, Miami Beach, Florida 33141, Miami Beach, Florida 33141
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $2,100,000
- Year Built :
- 1951
- Lot Area :
- 5,500 Sqft
- MLS # :
- A12074389
- Property Sub Type :
- Multi Family
