33139 Zip Code Multifamily Homes For Sale

A 20-unit hospitality asset located along one of miami beach’s most dynamic and rapidly transforming commercial corridors. Positioned on alton road between 8th and 9th street, the property offers exceptional visibility, walkability, and demand drivers, making it an ideal opportunity for investors seeking a stabilized cash-flowing short-term rental asset or a flexible hospitality operation with long-term upside. The property features 20 renovated, fully furnished units, each designed with modern interiors, efficient layouts, and guest-friendly amenities including full kitchens or kitchenettes, wi-fi, and on-site laundry. Its central location provides immediate access to whole foods, publix, flamingo park, south of fifth, and miami beach’s premier retail and dining destinations. With strong year-round occupancy, reliable adr performance, and proximity to billions of dollars in new development along the alton road corridor, 807 alton road represents a rare opportunity to acquire a turnkey hospitality property in a high-growth submarket with significant future upside, both operationally and through potential redevelopment.

Part of the first residence luxury collection: built in 1940 by lawrence murray dixon and capturing miamis classic sophistication, first herbshire is being completely restored with the highest taste. Framed by lincoln road and espanola way and close to miami beach convention center and flamingo park. Walking distance to ocean drive and the beach a charming, 20-unit boutique building offering the perfect blend of classic miami architecture and modern living. This bright and airy residence sits on a quiet, tree-lined street just steps from world-class shopping, dining, and the beach. Enjoy the art deco vibes, tropical landscaping, and walkable lifestyle that define south beach living. Ideal for full-time residents or a chic vacation retreat. A rare find in an unbeatable location.

Assumable seller financing loan = $2, 000, 000 = only 6.5% interest only = term 3 years. 1.5 points at close. 10 units (7 2br & 3 1br)= rare opportunity to own a luxury completely renovated turn-key investors dream income producing goldmine! Mid-century modern meets art deco masterpiece in this completely restored down to the studs 10 units, 2-story building, a large (7500 sft) lot, most quiet, peaceful & safe street in all of s. Beach! Renovations include new ac, hwh, plumbing, electrical panels, roof, modern kitchens w/ quartz counters, ss appliances, breakfast bar. Cool, hip and chic decor throughout including hotel quality baths w/ celebrity lighting, engineered wood floors easy to clean and durable. Washer & dryer in all units. 4 private parking spots. Bbq patio to enjoy! 40-year done!

Shovel-ready opportunity or collect rent as-is! This legal 7-unit multi-family has 5 units in the main structure & 2 in the detached cottage. Main house: 3 studios (2 w/ a yard and 1 w/ a balcony); two 2-bed 1 bath units (1 w/ a yard and 1 w/ a balcony). Back house: one 1-bed unit downstairs & another 1-bed unit upstairs. All tenants enjoy a common back-yard & laundry. The shovel-ready project consists of an elegant four-story boutique building w/ underneath parking & a fantastic common rooftop w/ a pool & a summer kitchen! It will feature six identical 3-bed, 2-bath, 1310sqf units, two per floor & each one w/ a private wrap around balcony! There is a huge lack of 3/2 condos in boutique buildings in sobe, and those few are highly sought after!

Prime multifamily asset in the heart of miami beach. Three-story building with 19 fully furnished residential units:12 one-bedroom/one-bath units and 7 studios. All units are leased long-term with strong, stable occupancy. Located steps from the beach, lincoln road, ocean drive, and top dining and retail. Shared laundry room on-site. Ideal for investors seeking consistent cash flow and long-term value in a high-demand rental market. Turnkey opportunity in one of south florida’s most desirable locations.The property selling as is. Call the listing agent for a private appointment with 24 hours in advance. Require proof of funds. Please use showing time.

Rare, fully licensed hotel/short term rental multi family building in the heart of south beach, blocks from lincoln rd & the ocean. Due to strict municipal zoning laws, one of few buildings in the area to be licensed for str, grandfathered in from prior to 2012. This art deco gem, aka "le’toile” features 4 spacious units, one 2 bd and three 1 bd's. 2 of the units have an extra den/bedroom for additional rental premium. The property features 3990 interior sf on a 7500 sf lot, a large pool & pool deck, impact windows, vaulted ceilings, front yard, parking area, fully gated and a large second floor patio overlooking lush landscaping & the private pool. Building certification completed. Incredible upside through capital improvements & opportunity to convert into a single family home/mansion.

Prime south beach development opportunity! Miami beach. Private bay-access street steps to lincoln road. Income-producing 4-plex with immediate cash flow + major redevelopment potential. Zoned rm-2: build up to 60 ft (6 stories), 2.0 far, approx. 10, 000 sq ft buildable area, up to 10 units. Permitted uses: luxury multifamily, townhomes, boutique hotel, or short-term rentals (with btr). Features (2) 2br/2ba & (2) 2br/1ba units, hurricane-impact windows/doors, upgraded electrical, new pvc pipes, balconies/porches, 4 parking spaces. Fully leased with long-term tenants. Well-maintained, no repairs needed. Being sold as part of an assemblage along with 1580 bay rd, 33139, and 1410 16 st, miami beach, 33139. Mls # a11847604 total 24 bedrooms, 18 baths. Total building sqft 13, 380.

Zoned for short term leasing! This wonderful 4-plex sits in one of south beach’s most convenient locations, just a few blocks from sunset harbour and lincoln road. The building was fully renovated in 2005 and has had continual updates. Four parking spaces, fully gated, security lighting, central ac. Consisting of two 3bd/2ba and two 2 bd/1ba. One of the two bedrooms has a newly rebuilt outdoor deck. Recertification completed in 2020. Currently being leased on long terms basis ready for smart investor to come in and manage to best use. Great opportunity! Additional docs attached.

Fully renovated!Located in the heart of miami beach, presents a rare opportunity to own a well-situated duplex just minutes from the beach, ocean drive, lincoln road, and world-class dining, shopping, and entertainment. This versatile two-unit property offers strong income potential and flexibility for investors or owner-occupants. Each unit features a functional layout with abundant natural light, making it ideal for long-term rentals, seasonal use, or a live-in-one-rent-the-other strategy. The property is positioned within a high-demand rental market, benefiting from miami beach’s consistent tenant demand and limited duplex inventory. Situated on a quiet residential street while still being close to everything miami beach has to offer, this property combines lifestyle appeal with solid fundamentals. Whether you are seeking a cash-flowing asset, a redevelopment opportunity, or a long-term hold in one of south florida’s most desirable markets, this duplex offers exceptional value and upside.

Villa venezia is a gated 7, 500 sq.Ft boutique hospitality compound in the heart of south beach, featuring three condominium units across two, 2-story residences, totaling 11 bedrooms and 9.5 baths. The front residence operates with a rare bed & breakfast short-term rental license, while the two rear units offer flexible use for extended stays, long-term tenants, or owner-occupancy. With over 5, 200 sf of interior space and private tropical gardens, the property combines the feel of a luxury villa estate with the revenue profile of a boutique hotel. Current operations show strong demand, diversified bookings, and consistent year-round occupancy. The asset also presents clear value-add potential through operational optimization, elevated design packages, brand repositioning, and the unique ability to exit through three individually deeded condo units. A rare opportunity to acquire a licensed, income-producing compound with privacy, scale, and multiple paths to upside — all within walking distance of lincoln road, collins ave, ocean dr and the beaches.

Turnkey 18-unit short-term rental opportunity in the heart of miami beach—just steps from ocean drive, collins avenue, and lincoln road. This prime location offers unrivaled access to the area’s top dining, entertainment, and beachfront attractions. With legal short-term rental zoning and a proven operational track record, the property stands out as a secure, scalable investment in a market where compliant str assets are increasingly rare. Each unit features a full kitchen, in-unit or onsite laundry, wi-fi/cable, and modern interior finishes designed to meet the expectations of today’s short-term traveler. The building has been consistently maintained and optimized for both remote and on-site management, supporting steady year-round occupancy and above-market adrs. With strict regulations limiting new str supply and tourism demand in miami beach continuing to grow, 1355 drexel ave presents investors with a resilient, high-yield cash-flow asset backed by strong underlying real estate fundamentals.

A fully licensed 14-unit short-term rental property located in the highly coveted west avenue district of miami beach. This turnkey hospitality asset offers an exceptionally rare opportunity to acquire a legally operating str building within one of the most supply-restricted and tightly regulated jurisdictions in the united states. The property has been modernized and professionally operated, featuring fully furnished units with contemporary finishes, kitchenettes, and on-site amenities designed to support seamless guest turnover. Positioned just steps from lincoln road, flamingo park, sunset harbor, and the ocean, 1321 15th street benefits from year-round tourism demand, strong adrs, and a proven operational track record. With protected zoning, existing licensing, and a stabilized revenue base, this opportunity provides both immediate cash flow and long-term value in a market where legal str inventory remains extremely limited.