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

4,731 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,731 sqft

Price per Sqft $338

Subdivision Biscayne Beach-2Nd Addn

MLS Listing ID F10496514

Style Fourplex

Construction Status Resale

HOA Y/N Yes

Year Built 1955

Annual Tax Amount $17,785

Tax Year 2024

Property Sub-Type Fourplex

Property Description

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.

Location

State FL

County Miami-dade County

Zoning 2800

Interior

Heating Window/Wall

Cooling Wall/Window Unit Cooling

Flooring Tile Floors

Exterior

Water Access N

Roof Type Built-Up Roof

Private Pool No

Building

Lot Description Less Than 1/4 Acre Lot

Story 2.0000

Foundation Cbs Construction

Sewer Municipal Sewer

Water Municipal Water

Construction Status Resale

Others

Pets Allowed No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition As Is


BeachesMLS Matrix (RAPB-F prefix)
Listed by Lifestyle International Realty
agent

Robert Bledsoe Jr, PA

Broker Associate | License ID: BK3387416

+1(561) 889-9805

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809 85th St