345 85th Street,Miami Beach, FL 33141
Miami Beach, FL 33141
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.
Details
| MLS # | A12064481 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1951 |
| Days On Site | 19 |
| Listing Provided By | Real Estate Sales Force | Bryan Ozuna |
Features
| SQ Feet | 6,336 |
|---|---|
| Units | 1 |
| Zoning | 3900 |
| Acreage | 0.18 |
Exterior
| Lot Features | Corner Lot |
|---|
Parking
| Parking Features | Assigned |
|---|
Area Information
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami Beach |
| Zip Code | 33141 |
| Area | 2320 |
| Listing VS Median (in 33141) | |
Price: $2,750,000 low | high Med: $30,500 sqft: 6,336 low | high Med: 3,746 $ / sqft: $434 low | high Med: $8 On site: 19 low | high Med: 185.5 | |
Market Activity 33141
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Learn More About This Property
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami Beach |
| Zip Code | 33141 |
| Area | 2320 |
| Listing VS Median (in 33141) | |
Price: $2,750,000 low | high Med: $30,500 sqft: 6,336 low | high Med: 3,746 $ / sqft: $434 low | high Med: $8 On site: 19 low | high Med: 185.5 | |