Residentialincome
Miami Beach, FL 33141
6
Bed
4
Bath
3,040Sqft
Great investment opportunity with this multifamily located just two blocks from the ocean in Miami Beach, Fl. Well-maintained, 3,040 Total SF, and has 5 units (2 – Studios, 1- one bedroom/ 1 bath, 1 two bedroom/ 1 bath and 1 three bedroom/ 1 bath). Strong rental income potential, this property holds a grandfathered hotel license, allowing for both long-term tenants and short-term rental operators on a 12-month lease. property has been renovated with European kitchens with white quartz counter tops, stainless steel appliances, porcelain floors, impact windows and doors, spacious balcony on the upstairs unit, lots of closets and all windows have brand new modern blinds. 40-Year certification on hand. There is a laundry facility and bike parking area available on-site. Wifi.
Property Details
Map
Map
Features
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Interior Features
Roof: TarGravel -
Heating & Cooling
Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir
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Building Information
Year Built: 1939Building Area Total: 3040Construction Materials: BlockStories: 2Pool Features: NonePrivate Pool: No
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Lot Information
Lot Description: LessThanQuarterAcreProperty Information
Subdivision: ALTOS DEL MAR NO 3 Source Property Type: ResidentialIncome Postal Code Plus 4: 1998 Zoning Description: 3900 Property SubType: Quadruplex Levels: Two Property Age: 87
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Listing Price Information
Listing Price: $1900000Cash, Conventional
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Tax Information
Parcel Number: 02-32-02-007-1470 Tax Year: 2024 Annual Tax: $14789 Tax Legal Desc: ALTOS DEL MAR NO 3 PB 8-41 LOT 8 BLK 19 LOT SIZE 50.000 X 113 OR 20780-4536 10/2002 1
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Utility Information
CableAvailable -
Location Information
WaterSource: Public
At $625.00 per sq.ft.,this listing is priced below average compared to other multifamily from Miami Beach.
The average multifamily price in Miami Beach is $498412.86 with avg. price / sq.ft of $2844.68.
The average multifamily price in Miami-Dade County is $540257.14 with avg. price / sq.ft of $3659.00.
How much is this property worth?
Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.
Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 971 79th Ter, Miami Beach, FL, 33141 | $945,000 | 4 | 2 | 1,966 | 1,966 SqFt |
| 625 75th St, Miami Beach, FL, 33141 | $2,100,000 | -- | -- | 3,400 | 3,400 SqFt |
| 1910 AND 1920 Biarritz Dr, Miami Beach, FL, 33141 | $2,650,000 | 8 | 8 | 5,764 | 5,764 SqFt |
| 1915 Normandy Dr, Miami Beach, FL, 33141 | $949,900 | 15 | 15 | -- | |
| 1925 Marseille Dr, Miami Beach, FL, 33141 | $1,275,000 | 8 | 4 | 2,700 | 2,700 SqFt |
| 851 80th St, Miami Beach, FL, 33141 | $1,500,000 | -- | -- | 4,458 | 4,458 SqFt |
| 756 84th St, Miami Beach, FL, 33141 | $7,325,000 | 8 | 12 | 6,020 | 6,020 SqFt |
| 7820 Harding Ave, Miami Beach, FL, 33141 | $1,750,000 | 3 | 4 | 3,304 | 3,304 SqFt |
| 7124 Bay Dr, Miami Beach, FL, 33141 | $2,190,000 | 8 | 8 | 4,732 | 4,732 SqFt |
| 903 80th St, Miami Beach, FL, 33141 | $1,360,000 | -- | -- | 2,685 | 2,685 SqFt |
Similar Multifamily To Residentialincome
Nearby For Sale
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ByOwner last updated this listing 04/07/2026 @ 01:55
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