Multifamily in Miami Beach, FL 33141
Biscayne Beach, 8135 Crespi Blvd

Beds
3,510
SqFt
$446
$/SqFt
Sold - Sep 18, 2026
Mid-Tier Multifamily
Built in 1950
Waterfront
Fourplex
This exceptional waterfront multifamily property is ideally located in prime Miami Beach, offering residents highly desirable coastal living with direct proximity to the water. The building consists of five (5) 1-bedroom, 1-bathroom units, all of which are fully occupied, providing immediate and stable cash flow. The property is currently generating $8,300 in monthly rental income, presenting investors with strong in-place revenue and long-term investment stability. Its premier waterfront location offers tenants convenient access to Miami Beach’s renowned beaches, parks, dining, shopping, and entertainment, while still maintaining a quiet and desirable residential atmosphere. With its irreplaceable waterfront setting, strong occupancy, and location within one of South Florida’s most sought-after rental markets, this property represents an outstanding opportunity for investors seeking a stable, income-producing asset with long-term appreciation potential.
MLS Number: A11958236
On Site: 245 Days
Updated: 16 Days ago
Page Views: 0

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Gas
        • Cooling Description: WallWindowUnits
        Building and Construction
        • Floor Description: Terrazzo,Tile
        • Year Built: 1950
        • Year Built Description: Effective Year Built
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: Yes
        School Information
          Other Property Info
          • Listing Date: 2026-02-03T20:14:21.000-00:00
          Taxes, Fees & More
          • Taxes: 19203

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          Price History

          Current
          $1.6M
          High
          $1.6M
          Low
          $1.6M
          Total Change
          -2.2%
          $1.6M$1.6M$1.6MFeb 26Mar 26Jul 26Jul 26Sep 26
          Date
          Event
          Price
          Change
          Price Per
          09/18/2026
          Sold
          $1.6M
          0%
          $446 ft2
          $4,799 m2
          07/13/2026
          Price Reduced
          $1.6M
          -3.99%
          $446 ft2
          $4,799 m2
          07/13/2026
          Price Increased
          $1.6M
          2.84%
          $464 ft2
          $4,999 m2
          03/26/2026
          Price Reduced
          $1.6M
          -0.94%
          $452 ft2
          $4,861 m2
          02/03/2026
          Listed
          $1.6M
           
          $456 ft2
          $4,907 m2
          09/18/2026
          $1.6M
          Event
          Sold
          Change
          0%
          Price Per
          $446 ft2
          $4,799 m2
          07/13/2026
          $1.6M
          Event
          Price Reduced
          Change
          -3.99%
          Price Per
          $446 ft2
          $4,799 m2
          07/13/2026
          $1.6M
          Event
          Price Increased
          Change
          2.84%
          Price Per
          $464 ft2
          $4,999 m2
          03/26/2026
          $1.6M
          Event
          Price Reduced
          Change
          -0.94%
          Price Per
          $452 ft2
          $4,861 m2
          02/03/2026
          $1.6M
          Event
          Listed
          Price Per
          $456 ft2
          $4,907 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Leor Fidler • Silmar Realty • Buyer Agency Compensation .

          Transit & Commute from Biscayne Beach

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          24
          Traffic score
          Congested area. Frequent traffic delays
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          Scores

          Walk Score®
          Car-Dependent. Almost all errands require a car
          23

          100
          Transit Score®
          Some Transit. A few nearby public transportation options
          40

          100
          Bike Score®
          Somewhat Bikeable. Minimal bike infrastructure
          43

          100
          Sound Score®
          Bearable noise
          82

          100
          Airport Score
          Close to airports. Noticeable airport activity
          0

          100
          Traffic Score
          Congested area. Frequent traffic delays
          24

          100
          Local Score
          Limited local amenities nearby
          0

          100
          Community Snapshot
          3 – 5 BR
          Bedrooms
          $950K – $10.5M
          Price Tier
          657 - 10,728
          SqFt Range
          1950
          Year Build
          2
          Total Floors
          491
          Total Units

          Miami Beach
          Mid-Tier
          Mid-Tier Homes & Condos

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