Basic Information
- MLS # A11904329
- Type Commercial
- Year Built 1939
- Total Sqft 5,650
- Date Listed 10/28/2025
- Days on Market 10
Currently Cash Flowing $15,450/Month! Massive $200K price drop! Fully gutted and rebuilt 7-unit multifamily just 2 blocks from the beach, now offered at a true 6.8% cap rate. Featuring (4) 1BD/1BA and (3) 2BD/1BA units—all brand new with impact windows, new electrical, plumbing, HVAC, insulation, flooring, kitchens, appliances, and designer baths. On-site laundry adds $450/mo in income. Zero deferred maintenance, premium finishes, and a prime Miami Beach location make this a rare turnkey asset delivering strong cash flow and long-term upside.
Exterior Features
- Waterfront No
- Parking Spaces 0
- Pool No
- Parking Description
Interior Features
- Adjusted Sqft 5,650Sq.Ft
- Sqft 5,650 Sq.Ft
Property Features
- Aprox. Lot Size 5,650
- Furnished Info No
- Short Sale Regular Sale
- Subdivision Complex
- Subdivision Info
- Tax Amount $21,678
- Tax Year 2024
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Miami Beach, FL 33141Similar Properties For Sale
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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: BrokerNation Real Estate. tel: 305-602-4410
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