Miami Beach, FL Multifamily Homes For Sale

Prime south beach fourplex close to lincoln rd; this fully occupied property features four spacious 2-bedroom, 1-bath units, all on month-to-month leases—ideal for flexibility and rental upside. Market rents are estimated at $2, 500/month, with a projected gross income of $120, 000/year. Estimated expenses are around $35, 000, offering a potential 5.31% cap rate. No hoa. Great investment in a high-demand, walkable location in the heart of miami beach.

Value add 4- plex in the heart of normandy isles! 5 minute walk to the beach.

Biscayne point fourplex corner lot of 6, 215 sqft. The property consists of 4 units of two bedrooms and one bathroom each. This property already passed the 40 year in 2019.

100% leased and cash-flowing! Building features two spacious 2 bedroom/1 bath units and two 1 bedroom/1 bath units located in close proximity to the beach and band shell entertainment in north beach. Also just 1/2 block from parkview park offering many recreational options. This is a highly desirable location! Laundry on site

Excellent investment opportunity in miami beach! This multifamily property at 605 77th street offers an unbeatable location just steps from the beach, parks, restaurants, and public transportation. The building is in excellent condition—ideal for investors or owner-occupants seeking strong rental income in a high-demand area. Located in a quiet and rapidly growing neighborhood with easy access to north beach, surfside, and bal harbour. Strong appreciation potential and steady year-round rental demand.

An exceptional true fourplex in prime miami beach, located on desirable normandy isle. Recently renovated with a brand-new roof, central a/c, updated flooring in every unit, and fresh paint throughout. This property offers the perfect blend of lifestyle and investment appeal. Surrounded by biscayne bay, residents enjoy a true waterfront community just minutes from the beach, bal harbour, and downtown miami. The neighborhood is highly walkable, with cafés, shops, and local conveniences nearby, plus easy access to the normandy shores golf club, tennis courts, and parks. With its historic charm, strong rental demand, and ongoing area growth, isle of normandy stands out as one of miami’s most desirable and well-positioned communities.

Excellent opportunity for investors to own an eight (8) units multifamily apartment building. 40yr certification just done! Price to sell. The property features 1br 1fb. Enjoy the best view of the tatum waterway and miami lifestyle. Located in the exclusive biscayne point nearthe north beach neighborhood of miami beach. Close to the beach, bal harbor, and downtown miami beach. Great access to collins ave and broad causeway to access us-1 and i-95. Buyer & buyer’s agent is advised to independently verify all details and information of this listing. Listing broker & broker’s agent do not represent or guarantee its accuracy.

*exceptional* 4plex stripped to only walls with all systems done new 2008-2009, pvc plumbing, central ac, impact windows & laundry in all units, **rare 3bed/2bath mix**, gr8 income generator with potential of increase, adjacent to park & amenities & ground unit with potential 4private garden *acquire with adjacent four-plex for added value* can be purchased with adjacent fourplex new 40yr recertification to be completed in next 30 days

Turnkey quadplex miami beach! Fully renovated from top to bottom, this 4-unit property is a rare find. The building features a desirable mix of units: one 3-bed, 3-bath; one 3-bed, 2.5-bath; and two 2-bed, 1-bath units—each fully upgraded with modern finishes, impact windows, new kitchens and baths, updated plumbing, electrical, roof, and more. The property has successfully completed its 40-year recertification, ensuring structural integrity and long-term peace of mind for the next owner. Ideal for investors seeking stable rental income in one of south florida’s most sought-after markets. Located minutes from the beach, shopping, parks, and dining, this fully updated quadplex offers strong rental potential in a high-demand area of miami beach.

Prime location 10-unit multi-family in the heart of miami beach. Fully renovated multifamily including interior upgrades, new electrical & plumbing, new a/cs, hurricane shutters, refreshed landscaping, and new roof (july 2025). Solid 1950 cbs construction with 10 2br/1ba apartments with 5 private backyards. Prime north beach location-three blocks to the ocean, near collins/harding. In-place rents around $2, 100–$2, 200/mo with renewal upside toward $2, 400–$2, 500. Turnkey cash flow with clear value-add from rent growth and neighborhood momentum. Offering memorandum available upon request.

Don't miss this opportunity to acquire an excellent, well-maintained fourplex in the highly desirable normandy isles neighborhood. All four units are spacious 1-bedroom, 1-bathroom apartments, each featuring abundant natural light, updated kitchens, and modern bathrooms. The building is ideally situated minutes from the beach, bal harbour, the design district, and wynwood. All units are currently occupied on a month-to-month basis, providing immediate, flexible income potential.

Prime and incredible investment opportunity miami beach courtyard located at 830 w 40h street, miami beach! This is a fully occupied 4-unit multi-family building plus a bonus efficiency offering modern, sunlit interiors, spacious layouts, and a prime location in the heart of miami beach. Just steps from arthur godfrey and alton road. Best schools , cafes, dining, shopping, houses of worship, mt. Sinai medical center, lincoln road, convention center and much more. This property combines plush living with easy access to vibrant mid beach and south beach. Ideal for long-term rentals, each unit is designed to capture the tropical charm and elegance of miami. Embrace the potential for high returns in a sought-after area—an unparalleled asset for any portfolio! Walking distance to everything

Fourplex in prime miami beach location in a hotel zone-investor’s dream! Investment opportunity in one of the most rapidly developing areas of miami beach! This fully rented fourplex features 4 units total 2 spacious 2-bed/1-bath units and 2 charming 1-bed/1-bath units, offering rental income from long-term tenants. Located 3 blocks from the beach, this property sits in a designated hotel zone, presenting flexible potential: continue operating as a long-term rental or redevelop into a boutique hotel or vacation rental. With 13 major new developments surrounding the area, property values and demand are only going up. Close to dining, shopping, and nightlife . A multifamily gem in a booming neighborhood. Whether you’re looking to collect passive income or create a stylish beachside hotel

Extremely rare opportunity to acquire two prime contiguous lots, one block from the bay on posh, burgeoning normandy isle. Together, the lots span 13, 324 square feet and each has a turnkey 4-plex on it (8-units total, all 1 bed/1 bath). Spectacular development opportunity to go vertical with a 5-story building with 18 or more units, parking and pool, depending on design configuration. Incredible location, just steps from the normandy isle park, the golf course, multi-million dollar waterfront homes, walgreens and just minutes to the beach, publix, and the mainland. This is a white whale investment, relentlessly sought and almost never found. Call listing broker for offer instructions.

Two waterfront buildings on tatum waterway in biscayne point, miami beach across from crespi park. Property features a total of 12 units, 7805 has two studios; two 2 bedrooms/one bath; and two 3 bedrooms/two baths, 7815 has one 1 bedroom/1 bath; one 1 bedroom plus den/1 bath; three 2 bedrooms/2baths and one 2 bedrooms plus den/2 baths. Newer roofs. Close proximity to the beach and bal harbour. Nearby restaurants, plazas, and shopping options

This fully renovated 4-unit building includes three 1-bed/1-bath units and one spacious 2-bed/2-bath, ideal for both first-time buyers and savvy investors. Located in the exclusive community of biscayne point just minutes from the beach, bal harbour, downtown, and miami beach. Each unit offers updated kitchens, modern finishes, and private entrances. The building also has its very own laundry room. With strong rental demand in this prime location, this is a rare opportunity to own a cash-flowing asset in one of miami’s most desirable neighborhoods.

Beautifully remodeled with plans and permits to include all ne electrical, plumbing, mechanical, all appliances, flooring and subflooring. Building also has 40yr certification, all units have laundry's within each unit. All external electrical systems are also new. There is not another one like this in the area. Minutes from water. Restaurants and recreational activities.

Investment opportunity – fourplex in normandy isles, miami beach excellent value-add investment opportunity in the desirable normandy isles neighborhood of miami beach! This fourplex features four 2-bedroom, 1-bathroom units, each with great layout potential. The property needs renovation, offering investors the chance to update and significantly increase rental income or resale value. Located just minutes from the beach, bal harbour, south beach, and biscayne elementary, this property sits in a high-demand rental area surrounded by shops, restaurants, and parks. Convenient access to major roads and miami international airport makes it attractive to both long-term and short-term tenants.

Exclusive waterfront investment – prime miami beach opportunity a rare gem for discerning investors: an immaculate, income-producing waterfront building boasting a grand private dock with direct ocean access and capacity for multiple yachts. Comprised of four spacious 2/2 residences and four elegant 1-bedrooms, each meticulously updated for modern comfort and strong rental appeal. With its premier location, pristine condition, and exceptional income stream, this property blends lifestyle and investment seamlessly. Opportunities of this caliber are seldom available—secure your piece of miami’s waterfront today.

100% leased and cash-flowing – strong tenant base in place waterfront location with serene views and direct access zoning allows up to 15 units across the combined lots (per overlay) redevelopment upside or continue as a income property located minutes from the beach, shops, and north beach town center year built: 1948 – solid construction, well-maintained lot size: 5, 750 sf | living area: 2, 700 sf

An architectural gem miami beach’s prime location. Completely redesigned with a contemporary flair .This four-unit building features spacious 2-bedroom apartments, each approximately 1, 000 sf with open kitchens, custom closets, central ac and impact windows washer & dryer. This residence building is finished with top-of-the-line materials and luxury craftsmanship. Most desirable neighborhoods surrounded by multimillion-dollar villas and luxury condominiums, this property offers a strong community environment, a-rated schools, and proximity to restaurants, offices, and beaches , just 20 minutes from miami international airport and major highways. All units are leased to qualified tenants in a average of $4, 000 per month, providing immediate income and exceptional investment stability.

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!

7905 crespi blvd – waterfront triplex | 100% leased waterfront triplex in biscayne beach subdivision rm-1 zoning with redevelopment potential unit mix: • 2 units – 2 bed / 2 bath • 1 unit – studio current monthly income: $6, 550 | pro forma: $7, 300 annual current income: $78, 600 | pro forma: $87, 600 built in 1947 | 1, 946 sf living area | 5, 750 sf lot prime location near beach, shopping, and north beach town center

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/ 2 baths). 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.

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.

Property has newer roof, new electric service (panel has disconnector 600amp breaker, new wiring and new breaker panel in each unit. The entire building has cat5 and coaxial cable). Unit has 18000 btu in the living room mini splitter and 10000 btu in the bedrooms. Impact windows and doors. Connection for washer and dryer machine, plumbing and electrical ready. Fresh water plumbing to each unit. 1\3 of the building has new trusses. New complete stucco. The property passed the 40+10 inspection with the city of miami beach a few months ago. Property being sold as-is. Vacant.

Discover the charm and opportunity of this mediterranean-style duplex in the highly desirable biscayne beach neighborhood. One unit has been thoughtfully updated with modern finishes, including brand-new stainless steel appliances and sleek ceramic tile flooring, while the other retains its original character—offering a unique blend of history and potential. This property features an expansive garden, perfect for outdoor living and entertaining. Situated in biscayne beach, a serene yet dynamic community known for its waterfront parks, scenic walking trails, and charming blend of historic and modern architecture, this home is surrounded by lush landscapes and just minutes from the energy of north beach.