Miami Beach, FL Multifamily Homes For Sale

Unapproved short sale .. Great investment triplex + 2 efficiencies. Income $9, 650 per month - 3 of the units include light. 2/1.5 unit is remodeled. Building needs new roof and tlc. Property is in north miami beach, walking distance from buses, parks and the beach. Property has 4 code violations.

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.

Great opportunity to own a cash-flowing fourplex in north beach, occupied with stable tenants. Quiet street, walking distance to beach. New hurricane windows ready to be installed, terrazzo floor, open concept kitchen, low property maintenance.

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.

Exclusive investment opportunity in miami beach almost completely renovated 12-unit, 8, 140 sf low-rise building seamlessly blends historic charm with modern appeal, offering investors a prime multifamily asset in a prestigious location. Property highlights: ? Turnkey investment – fully renovated with new roof (august 2024) ? Strong rental history – 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 – fully compliant and up to code ? Projected cap rate: 6.76% upon rental completion art deco` district

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.

What a great investment in a high demand and walkable miami beach location. This property features 4 spacious units with market rents ranging from $1300 for an efficiency, $1800 for a one bedroom and upto $2500 for two bedrooms. Updated hurricane impact windows and roof in 2019 also upgraded electrical panels in 2023. Don't miss out on this chance to capitalize on both location and rental potential. Act fast, let this property become a lucrative addition to your portfolio. Turn this into an income generating gem!!!!!!!!!!!!!!

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

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

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.

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!

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.

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

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.

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

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.

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. The street does not flood. Proof of funds + nda required. Do not disturb tenants. Total 24 bedrooms, 18 baths. Total building sqft 13, 380.

10 townhome complex located in miami beach with direct access to the intercostal. Building has been completely renovated 2024. Actually in the process of building 8 boat slips. 100% vacant. New flooring, bathrooms, kitchen cabinets, appliances. Seller financing available

Located in the historic north shore neighborhood, walkable to the beach & parks, this quaint residential 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!

The grey havens is a superb multi-family asset in miami beach- meticulously maintained and in a premier location. It features four huge, 1000 square foot, 2 bedroom 2 bath apartments completely renovated down to the last detail. The property provides high style living in a secure yet vibrant neighborhood that breathes wealth and desirability. The site and building were fully renovated and recertified in 2018. The grey havens now feature private entrances, a new roof, all new central a/c systems, electrical and plumbing systems, impact windows and doors in each apartment, washer/dryers and original wood floors. In addition, there is ample outdoor covered space for true indoor/outdoor living complete with grill and manicured landscape befitting this singular neighborhood.