Biscayne Beach, 809 85th St, Miami Beach, FL 33141

$1,600,000Price
4,731SqFt

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Details

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Status:
Active
Size: 4,731 SqFt (440 m2)
Price: $338/SqFt ($3,640/m2)
Type: Multi Family
Built: 1955
HOA: N/A
MLS Number: F10512070
On Site: 34 Days
Updated: 33 Days ago
Page Views: 0
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.
Features
Bedrooms
    Bathrooms
      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: 2025-06-26T10:50:23.000-00:00
          Taxes, Fees & More
          • Taxes: 17785
          • Total Units in Building: 4

          Price History

          06/26/2025

          Date

          Listed

          Event

          $1.6M

          Price

          $338 ft2 / $3,640 m2

          Price Per

          Price per square foot and days on website are not provided values and are calculated by Subdivisions.

          Listed by Yairo RinconLifestyle International Realty • Buyer Agency Compensation .

          Instant Comps

          $100/ft²
          $800/ft²
          $1,600/ft²
          $2,400/ft²

          Unit 809 85th St – Asking

          $338/ft²

          (-16%) from Closed Medium $/ft²

          Closed Medium $/ft²

          $400/ft²
          Community $/Price Range (Closed) $190/ft² – $2282/ft²
          No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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