Miami Beach, FL Multifamily Homes For Sale

Great remodeled triplex perfect for investors in a charming residential neighborhood just a few blocks from the beach!The triplex comprises three individual units, two of which are 2/1 apartments and one is a 3/2 house, all currently tenant-occupied, making it an attractive income-generating property.The property offers the convenience of two private parking spaces plus one car garage for the main house, plus plenty of residential street parking. Building has new hurricane impact windows and 40 year certificate. This area in miami beach has great potential and long term value for investors. Don't miss your chance to be a part of this opportunity!!! Please do not disturb tenants. Showings only by appointment.

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

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.

12 units exclusive investment opportunity in miami beach almost completely renovated 12-unit, 8, 140 sf low-rise buildingseamlessly blends historic charm with modern appeal, offering investors a prime multifamily asset in a prestigiouslocation. Property highlights: ? Turnkey investment – fully renovated with new roof (august 2024) ? Strong rentalhistory – 95% occupancy rate, ensuring stable cash flow ? Unit mix & sizes: 8 studios (avg. 500 sf) – rented at$1, 650/month - 4 one-bedroom units (avg. 700 sf) – rented at $2, 100/month ? Recertification passed – fullycompliant and up to code ? Projected cap rate: 6.76% upon rental completion art deco` district

*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

The edroy apartments consists of 8, 052 rentable square feet built on a 7, 000 square foot lot. The property was constructed in 1938 and contains a total of 13 units, consisting of two 2 bedroom/2- bathroom units; three 2 bedroom/1-bathroom units; five 1 bedroom/1-bathroom units; and three large studio units. The property is priced at $3, 249, 000, which breaks down to $249, 923 per unit and $403 a square foot. The building has been recently recertified and all units updated with brand new bathrooms and kitchens. The exterior features new impact windows, new awnings, plaster & paint, new gates.

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.

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

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.

"euclid miami apartments", a 16 unit apartment complex located in miami beach, florida. Most of the units has been renovated in the interiors. The building feature improvements such as impact windows and new roof (2024). 40 year certification passed on march 2020, next certification on march 2030. Unit mix includes 16 one bedroom units. Rent average $1, 750. Wall unit ac and smoke alarms on each unit.

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.

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.

Steps away from 500 alton project, 3 acre park coming to alton road 4 unit multi-family on alton & 8th street, on the same block as the new baptist health center in miami beach. Aaa location - ideal for owner users, developer or investors. Flexible cd-2 zoning allows for medical offices / retails / hotels / short term rentals, and other commercial uses. High traffic count intersection & close to major retailers. Far 2.0 = develop 15, 000 sqft 5 story building. Total monthly income: $15, 100, move in 5.3% cap rate with potential upside on the rents! Tenants pay all expense. The only thing landlord pays is monthly gardening fees, along with taxes and insurance annually! All units come furnished with inventory list, they are all the exact same on the interior!

Amazing opportunity for development in miami beach with ability to build up to 4 stories!!!!!!! New on the market!! 3 unit triplex, next to adjacent empty lot and two brand new 4-story residential completed projects. Hot area, biscayne point offers incredible opportunity for new development, minutes from beach, nestled between miami beach and bal harbour, neighbor to waterfront stillwater drive and prestigious indian creek communities. Includes private parking, 3 section 8 rentals, 1 bed/1 bath, current 2 bed w drywall/1 bath and 2 bed/1 bath with long term renters bringing in a total of $3650 a month.

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

Exceptional miami beach 4-plex in the sought-after normandy isles, just one mile from sandy beaches and surrounded by scenic biscayne bay. Each of the four spacious 2-bed, 2-bath units has a separate electric meter, offering flexibility for short-term, long-term rental, or owner occupancy. The property includes a rare oversized lot—ideal for expansion, a pool, or additional units (subject to approval). Located near parks, a community pool, and the normandy shores golf course, it’s perfect for lifestyle-driven renters. Current rents are at market, but the property still has untapped potential presenting a value-add opportunity in a prime miami beach location.

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!

This prime miami beach tri-plex, just off 41st street, offers an unbeatable location near synagogues, the beach, and polo park. What makes this property truly rare is the presence of **two spacious 3-bedroom units**—a rarity in miami beach rental properties. The first building has two units, both with central air. The downstairs unit features a 3-bedroom, 2-bath layout with generous living space, while the upstairs unit offers 3 bedrooms, 1 bath, and the potential to add a second bath to increase value. In the back, a beautifully remodeled stand-alone cottage boasts luxurious gray tile, marble countertops, and high-end finishes. With a shaded front yard, a spacious backyard for storage or entertaining, and incredible rental income potential, this is a rare find in miami beach!

Opportunity to own a profitable rental income building -1561 jefferson in south beach. This reconstructed 2023 multifamily features 12 units a few blocks from the atlantic ocean and beach, half a block from lincoln road. It boasts a complete 2-year renovation, including new mechanical, electrical, plumbing, flooring, top-of-the-line appliances, and hurricane-proof windows. Combo washer & dryer and individual ac in each unit-a mix of layouts from 450 to 895 sq. Ft. Located a few blocks from flamingo park -36.53-acre recreational paradise with a state-of-the-art soccer field, athletics track, and 17 tennis courts. This property has completed the costly 40-year certification ensuring compliance. 40 year certification included in the new built. Seller financing options available

Priced to sell!! Located in the historic north shore neighborhood, walkable to the beach & parks, this 5-unit building is in a highly sought-after location with its own private + ample street parking! All units have been substantially remodeled with: new kitchens, baths, a/cs, indoor laundry units, a brand-new roof, and much more. Excellent schools, restaurants, and conveniences nearby. Incredible opportunity for redevelopment near north beach town center—lot size is 25% larger than typical for the area. Unit mix: 2 studios, 2 1bd/1ba, and 1 2bd+loft/1ba. Front units share a 200 sqft covered porch; quiet rear unit has a 100 sqft porch. 40-year recertification completed in 2016. Excellent tenants! More photos and additional information upon request- an amazing opportunity that won't last!

Turnkey investment in the heart of miami beach! Located on prestigious lenox ave, this fully furnished and renovated 5, 212 sqft property features 3 airbnb-licensed suites and an attached duplex for long-term rentals. With 11 beds and 9.5 baths, it offers exceptional income potential and flexibility. The lush landscaping and private garden create a serene retreat for guests. Just minutes from south beach’s famous beaches, upscale shopping, and world-class dining, this property is ready for immediate operation. A rare opportunity to own a high yield asset in one of miami's most sought-after neighborhoods. 2 gated parking spaces. Must see in person to appreciate this special property.