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$1,795,000
Est. payment /mo
4,765 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,765 sqft
Price per Sqft $376
MLS Listing ID A11997416
HOA Y/N No
Year Built 1946
Annual Tax Amount $23,152
Lot Size 5,500 Sqft
Property Sub-Type Multi Family
Property Description
Rarely available 8-unit multifamily asset positioned in one of Miami Beach's most sought-after corridors. This value-add opportunity offers investors the chance to acquire an income-producing property with significant upside potential. The property features a stable existing tenant base with below-market rents — providing immediate runway to increase NOI upon lease turnover or strategic repositioning. With Miami Beach's consistently low vacancy rates and strong rental demand driven by year-round tourism, a growing professional population, and limited new multifamily supply, the fundamentals supporting rent growth remain exceptionally compelling. Contact listing agent for an updated Offering Memorandum.
Location
State FL
County Miami-dade
Area 32
Interior
Cooling Wall/Window Unit(s)
Exterior
Private Pool Yes
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Others
Tax ID 02-32-02-007-1990
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11997416
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Listed by Anac Global Realty, LLC