HouseCanary, Inc. Brokerage
809 85th St., Miami Beach, FL 33141
Multifamily8 Beds6 Baths4,731 Sq Ft25 Days on Market
Listing Agent & Comments
Yairo Rincon • Lifestyle International Realty
954-842-0980 • yairorealestate@gmail.com License #3517706Prime 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.
MLS# F10496514 • Data provided by Beaches MLS
| Living Area | 4,731 Sq.Ft. |
|---|---|
| Lot Size | 5,001 Sq.Ft. |
| Total Rooms | -- |
| Bedrooms | 8 |
| Bathrooms | 6 |
| Stories | 2 |
| Year Built | 1955 |
| Property Type | Multifamily |
| Zoning | 2800:TOWNHOUSE |
| HOA Name | -- |
| HOA Fee | -- |
| HOA Includes | -- |
| Tax Year | 2024 |
| Tax Amount | $17,784 |
| Property in Flood Zone | -- |
| Basement | -- |
| Pool | No |
Data provided by Beaches MLS.
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More Information On This Home
This home's estimated value
$1,490,199
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
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For Sale $1,600,000
Estimated monthly payment $8,353
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Courtesy of Lifestyle International Realty
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed.
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Updated on 04/30/2025 at 10:03am