3,400,000(-2.21% )
7,865SqFt
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Details
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Status:
Active
Size: 7,865 SqFt (731 m2)
Price: $423/SqFt ($4,551/m2)
Type: Multi Family
Built: 1950
MLS Number: A11891783
On Site: 181 Days
Updated: 49 Days ago
Page Views: 0
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. Noi $186789, Cap Rate 5.62%. Pro Format Cap Rate 6.13% Pro Format Noi $203.889. offering Memorandum Available Upon Request.
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Central
        • Cooling Description: CentralAir, WallWindowUnits
        Building and Construction
        • Floor Description: Vinyl
        • Year Built: 1950
        • Year Built Description: Resale
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2025-10-07T12:43:09.000-00:00
          Taxes, Fees & More
          • Taxes: 32321
          Apples-to-Apples Comparables
           Closest-Match Comparables
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          Price History
          02/16/2026
          Date
          Price Reduced
          Event
          $3.3M
          Price
          -2.21%
          Change Rate
          $423 ft2 / $4,551 m2
          Price Per
          10/31/2025
          Date
          Price Reduced
          Event
          $3.4M
          Price
          -2.86%
          Change Rate
          $432 ft2 / $4,653 m2
          Price Per
          10/07/2025
          Date
          Listed
          Event
          $3.5M
          Price
          $445 ft2 / $4,790 m2
          Price Per
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Eric AmsallemBeachfront Realty Inc • Buyer Agency Compensation .
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