Multifamily in Miami Beach, FL 33141Biscayne Beach, 809 85th St
OFF MARKET
$1,600,000
8
Beds6
Baths4,731
SqFt$338
$/SqFtMid-Tier MultifamilyProperty Type
1955Year Built
$338/SqFtPrice per sq ft
FourplexStyle
Prime Investment Opportunity in the Heart of Miami Beach! This Four-unit Multifamily Property Offers Spacious 2-bedroom units, all Currently on Month-to-Month leases, providing flexibility for New Ownership. Each unit has the potential to command $3,500/month, projecting an Annual gross income of $168,000. Estimated annual expenses are approximately $35,000, leading to a potential cap rate of 8.31%.
Located steps away from iconic attractions such as Lummus Park, the Art Deco Historic District, and Lincoln Road Mall, tenants will enjoy unparalleled Access to the best of Miami Beach. Don't miss out on this exceptional Property.
Listing Courtesy Of: Lifestyle International Realty
Local Realty Services Provided By: Best of Luxury Realty
On Site: 573 DaysUpdated: 538 Days agoPage Views: 0
Features
MLS Number: F10496514
Bedrooms
- Bedrooms: 8
Bathrooms
- Bathrooms: 6
Exterior and Lot Features
Interior, Heating and Cooling
- Heating Description: WallFurnace
- Cooling Description: WallWindowUnits
Building and Construction
- Floor Description: Tile
- Year Built: 1955
- Year Built Description: Resale
- Style: Fourplex
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2025-04-07T14:53:01.000-00:00
Taxes, Fees & More
- Taxes: 17785
- Total Units in Building: 4
Apples-to-Apples Comparables
Price History
Date
Event
Price
Change
Price Per
04/07/2025
Listed
$1.6M
$338 ft2
$3,640 m2
04/07/2025
$1.6M
Event
Listed
Price Per
$338 ft2
$3,640 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Yairo Rincon • Lifestyle International Realty • Buyer Agency Compensation .
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Community Snapshot
3 – 5 BR
Bedrooms
$890K – $10.5M
Price Tier
657 - 10,728
SqFt Range
1950
Year Build
2
Total Floors
491
Total Units
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