33139 Zip Code Multifamily Homes For Sale
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Shows who has more leverage in the market
0–30 favors buyers
30–100 favors sellers
Selling Speed
9.1
SteadyShows how quickly homes are being absorbed by buyers
20%+ Fast
8–19.9% Steady
Below 8% Slow
Inventory Supply
10.99
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4.09
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2+/mo Active
0.75–1.99/mo Steady
Below 0.75/mo Quiet
Results 13 of 13
Featured First
Backup
A backup offer is when a home seller has accepted an offer from a buyer, but is still accepting offers from other buyers. Sellers state that they are accepting backup offers if they think the current offer may fall through.
$1,791,000
- 4,952 SqFt
- $362/SqFt
Ultra Luxury
Multifamily for sale in Alton Beach Bay Front1460 E West Ave, Miami Beach, FL 33139Rare investment no condo fee opportunity to acquire three oversized 2 bedroom, 2 bathroom residences in a boutique four unit building showcasing classic 1947 miami modern (mimo) architecture corner property on west avenue reflecting the clean lines, abundant natural light, and indoor outdoor living concepts that defined postwar miami beach design, each just under 1, 200 square foot residence offers expansive living spaces, large dine in kitchens, private front and rear entrances on site 1 parking space per unit, and a flexible sun drenched florida room framed by signature banks of windows, ideal for a home office, dining, or additional living space. Each unit is a corner unit two are top floor one is 1st floor. Communal garden at the rear offering great potential.
The property offers strong investor appeal. Improvements completed, include a 10 year old roof, 40 year recertification, impact windows throughout, updated electrical and plumbing, tankless water heaters, and central ac in each.
A comparable unit within the building recently leased for $3, 150/month, supporting strong rental demand. Two of the units rented below market value are currently occupied on month to month; one unit is vacant, creating immediate upside potential for an investor or owner occupant. Located just minutes from the beach, parks, cafés, restaurants, and shopping, this is a compelling opportunity .
Units may be available for individual sale.
Showings by appointment only with 24hr notice.
$4,250,000 $250K
- 10,334 SqFt
- $411/SqFt
Mid-Tier
Multifamily for sale in Lincoln1561 Jefferson Ave, Miami Beach, FL 33139If you are an investor looking for the opportunity to own a multifamily rental income, 1561 jefferson avenue is the building for you. Expertly designed by a renowned australian architect with interiors by studio de la vega, the building recently underwent a complete 2-year renovation of all mechanical and electrical wiring, plumbing, insulation, and flooring. The property features modern, bright, and open living spaces ranging from 450 to 895 square feet. Every unit is equipped with essential hurricane-impact windows, in-unit washer/dryer combos, refrigerators and dishwashers. This property sits in a fantastic location of south beach living, culture, dining, and lifestyle. This is the investment of a lifetime in one of the most important cities in the country. With top ceos relocating to take advantage of florida’s magnificent weather and favorable tax climate, this is a rare gem. Located only six blocks from the atlantic ocean, this asset is perfectly primed for a future condo conversion, offering a high-margin exit strategy in the world’s most coveted real estate market. This is a turn-key opportunity in a prime location where people want to live. This 12-unit property is just half a block from the famous lincoln road, a mile-long promenade with over 60 incredible restaurants and bars stretching from collins avenue to biscayne bay. Residents are just blocks from the 36-acre flamingo park, which offers a new football field, track, 17 tennis courts, and a pool. Call now.
$2,650,000 $350K
- 5,939 SqFt
- $446/SqFt
Mid-Tier
Multifamily for sale in Lincoln632 15th St, Miami Beach, FL 33139The elizabeth - prime south beach multifamily | high-rent asset in a+ location. Rare opportunity to acquire a 8-unit multifamily in the heart of south beach, just steps from lincoln road, flamingo park, española way, and the beach—one of miami beach’s strongest rental corridors. 8 updated 1-beds/1-baths, every unit features central a/c and in-unit washer & dryer, a rare combination that directly supports above-market rents, low vacancy, and strong tenant demand. 100% leased. Additional features include impact windows, gated access, and private outdoor space. Fully 40-year recertified and zoned rm-1, this asset offers immediate cash flow with long-term upside in a supply-constrained, lifestyle-driven submarket. Currently generating over $210, 000+ in rent, opportunity to add value for even higher rents. Call today for more information.
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$6,500,000 $250K
- 14,518 SqFt
- $448/SqFt
Mid-Tier
Multifamily for sale in Lenox Manor807 Alton Rd, Miami Beach, FL 33139A 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.
$2,400,000
- 4,644 SqFt
- $517/SqFt
High-End
Multifamily for sale in Espanola Villas1438 Meridian Ave #201, Miami Beach, FL 33139Parkedge – fully renovated 6 unit south beach multifamily investment. Rare opportunity to own a turnkey income property with six 1-bed/1-bath units on meridian avenue, directly across from flamingo park in the heart of miami beach. This art deco building features six fully renovated units including 2 loft-style residences and 4 one-bedroom/one-bath apartments. Currently 100% occupied with strong rental upside as in-place rents remain below current market rates. All tenants hold annual leases providing stable income.
Gut renovated building with all-new plumbing, electrical, hvac systems, roof, and impact windows. Brazilian cherrywood and wood flooring flows through every unit complemented by granite and quartz countertops. Upper-level units feature soaring cathedral-style ceilings. Stainless steel appliances, designer cabinetry, and in-unit washer/dryers complete the condo-level finishes.
Situated near lincoln road, española way and 4 blocks to the beach, residents enjoy immediate access to flamingo park featuring 17 tennis courts, aquatic center, and tropical grounds. The building is surrounded by south beach's finest dining, art basel, and world-class entertainment in one of miami beach's most famous neighborhoods.
The building has completed its 40/50-year structural certification. Contact for complete financials, rent roll, and private showing.
$4,450,000 $50K
- 7,868 SqFt
- $566/SqFt
Mid-Tier
Multifamily for sale in Ocean Beach1000 7th St, Miami Beach, FL 33139Welcome to orange blossom place located in the hottest new neighborhood in south beach, nofi (n. Of fifth)!! Rare opportunity to own a luxury completely renovated turn-key investors dream income producing goldmine! Seller must sell and is prepared to lose money to give a lucky buyer the best deal. 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! Assumable seller financing loan = $2, 000, 000 = only 6% interest only = term 3 years. 10 units (7 2br & 3 1br)= 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 in 2022! You won't need to spend a dime on repairs for a long time. Check the rent roll, financials and p&l in the additional documents. Cash deals will get the best price possible. Pics are virtually staged. Drive by - do not disturb tenants. Please ask us about the 3-2-1 approved lender buydown. Meaning you get an interest rate as low as 3%! On zillow, scroll down to "facts & features", click on "show more", then click "view virtual tour" for your virtual interactive lifestyle concierge!
$4,700,000
- 8,219 SqFt
- $572/SqFt
Multifamily for sale1345 Pennsylvania Ave, Miami Beach, FL 33139
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. Require proof of funds. Please must use showing time. Do not text realtor. All potential buyers will need to sign an nda and provide verifable proof of ability to purchase property. Thank you!
$3,950,000
- 4,779 SqFt
- $827/SqFt
Multifamily for sale235 18th St, Miami Beach, FL 33139
Boutique 18 miami beach – fully renovated 12-unit licensed hospitality property located steps from the beach and the east end of lincoln road in the heart of miami beach’s rapidly evolving collins park district. Renovated in 2015 and currently operated as a boutique hotel under a master lease structure generating stable in-place income. Positioned near luxury hotels, the convention center, collins avenue, ocean drive, and major lifestyle destinations driving year-round tourism demand. The surrounding area is undergoing over $4 billion in luxury residential, hospitality, retail, and infrastructure investment, further strengthening long-term value and hospitality demand. Existing hotel licensing in place with operational upside through direct hospitality management and revenue optimization. Offering memorandum available upon request.
$2,200,000
- 2,558 SqFt
- $860/SqFt
Mid-Tier
Multifamily for sale in Ocean Beach912 Euclid Ave, Miami Beach, FL 33139Rare opportunity to acquire one of miami beach’s most unique income-producing assets. Ideally located in the heart of the flamingo park historic district, this exceptional fourplex combines immediate cash flow, historic significance, and outstanding long-term investment potential.
Built in 1921, the property is officially recognized as a historic contributing building, preserving the architectural charm and character that make miami beach one of the country’s most desirable destinations. Situated on an oversized 6, 580 sf lot with approximately 2, 558 sf of living area, the property features four residential units, including two spacious 2-bedroom apartments—a rare feature in south beach that enhances rental appeal and income potential.
The property’s unique configuration offers an additional strategic advantage. While preserving its historic front structure, the rear portion of the site may present future value-add opportunities, subject to buyer verification and approval by the city of miami beach. This combination of historic character and future flexibility is rarely available.
Just blocks from the beach, flamingo park, lincoln road, renowned restaurants, cafés, shopping, entertainment, and cultural attractions, the property enjoys strong rental demand in one of south florida’s most desirable neighborhoods. An exceptional opportunity for investors seeking stable income, long-term appreciation, and a truly distinctive miami beach asset.
$2,940,000
- 2,809 SqFt
- $1,047/SqFt
Ultra Luxury
Multifamily for sale in 734 Michigan734 Michigan Ave, Miami Beach, FL 33139This exclusive and private residence gives you the opportunity to enjoy luxury in a prime location without the hassle of high rise living. Very low maintenance fees. Two independent units 6 and 7 that are adjacent that combined will give 4 bedrooms, 4.5 baths, 2 private rooftop terraces, 2 cover parking spaces in a complex of only 7 townhouses. This 2 modern south beach tri-level townhomes loft style can be combined for a total of 2890 sq feet. Currently generating $12, 500 per month of income. Soaring 28 ft ceilings. Secure complex with only 7 townhouses . White porcelain plank floors, stained concrete floors throughout respectively. Bright open living space, high impact windows and doors. Unbeatable location within 2 blocks to the shopping center on alton rd and 5th ave. Walk to flamingo park, the beach, lincoln road, shops, restaurants. Publix, total wine and whole foods 2 small blocks away.
$2,850,000
- 2,558 SqFt
- $1,114/SqFt
Mid-Tier
Multifamily for sale in Ocean Beach711 Lenox Ave, Miami Beach, FL 33139711 lenox avenue, operating as bars hotel, is a fully-licensed, turnkey 8-room boutique bed & breakfast in the heart of miami beach's art deco historic district. Built in 1934 and comprehensively renovated in 2013, the spanish colonial revival property has earned a 14-year track record of guest acclaim, including the #1 bed & breakfast in miami beach on tripadvisor. The asset sits on a 7, 500 sf lot inside one of the world's most photographed neighborhoods, an 11-minute walk to the atlantic, and within blocks of lincoln road, ocean drive, flamingo park, and the miami beach convention center. A rare combination of historic significance, an active hotel license, and immediate income — supported by a miami beach hospitality submarket forecast to deliver 8.6% revpar growth in 2026.
$5,900,000
- 5,074 SqFt
- $1,163/SqFt
Ultra Luxury
Multifamily for sale in Miami Ocean View730 14th Pl, Miami Beach, FL 33139Corte real estate, as exclusive advisor, is pleased to present the opportunity to acquire 730 14th place, a truly irreplaceable, fully gut-renovated multifamily asset located directly across from flamingo park in the heart of south beach. Rarely does an investor have the opportunity to acquire a property that combines the character and charm of classic miami beach architecture with the infrastructure, systems, and finishes of effectively new construction.
Following an extensive renovation program exceeding $1, 300, 000, ownership has repositioned the property into a best-in-class rental asset with virtually every major component upgraded or replaced. The property consists of 12 residential units, including (6) one-bedroom units, (2) two-bedroom units, and (4) studio apartments, all finished to a standard rarely seen in the south beach multifamily market. The units are currently leased under 12-month agreements with average rents of approximately $3, 100 per month, providing immediate in-place cash flow while preserving future rental upside.
$7,000,000 $250K
- 816 SqFt
- $8,578/SqFt
Multifamily for sale1355 Drexel Ave #4, Miami Beach, FL 33139
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.
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Rosewood The Raleigh Miami Beach
Condos in Miami Beach, FL 33139
- Starts at$10M
- Units44
- Stories17
Rosewood Hotel and Residences, Miami Beach.
Designed by Peter Marino. Developed by SHVO.
Situated along 220 linear feet of oceanfront, The Raleigh Estate will be a grand fusion of the renowned Raleigh Hotel and its iconic pool, along with a new 17-story glass tower hosting 40 custom-designed residences.
The private residences offer amenities for owners, including sunrise and sunset pools, a private spa and wellness center, three Michelin-starred restaurants, a dedicated beach for owners, a members-only beach club, and a lush, serpentine landscape adorned with whimsical bronze sculptures by François-Xavier and Claude Lalanne.
“My design vision for the Raleigh estate is based on the ocean and the way that water moves. I cross pollinate my residences with my shopping experiences and with my hotels, and by cross pollinating them it doesn’t look like a hotel you’ve seen before and it doesn’t look like a home you’ve ever seen before.”
– Peter Marino
The Ritz-Carlton Residences South Beach
Condos in Miami Beach, FL 33139
- Starts at$4.2M
- Units30
- Stories15
YOUR BEACH HOUSE IN THE SKY
Designed by critically acclaimed architect Kobi Karp, interior designer Alessandro Munge, and landscape design practice Naturalficial. Elevated with culinary experiences by Michelin-starred chef and global humanitarian José Andrés, and made effortlessly elegant with the legendary hospitality of The Ritz-Carlton Residences, South Beach for a new generation.
This limited collection of just 30 custom-designed one-to-five-bedroom oceanfront condominium residences in the sky features panoramic Atlantic Ocean and historic Miami Beach views.
THREE DESIGN MASTERS COMBINE FORCES
The team of Kobi Karp, Alessandro Munge, and Naturalficial was created with deep respect and mutual admiration at its foundation. The Ritz-Carlton Residences, South Beach is proud to be at the center of this meeting of masters, harmonizing their talents to create a beautiful impact on a city we all admire.
33139, FL Snapshot
938
Active Inventory
36
New Listings
$140K to $78M
Price Tier
70
Pending Sales
$519K
Median Closed Price
119
Avg. Days On Market
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