$1,630,000

$464/sq ft

$30,000
Price Increased

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Overview

Year Built

1950

Sqft

3510

Property Type

Quadruplex

Property Description

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.

Property Details

MLS#

A11958236

Total Floor in Bldg

1

Building

BISCAYNE BCH SUB

Address

8135 Crespi Blvd

City

Miami Beach

State/county

FL

Zip/Postal Code

33141

Area

Biscayne Bch Sub

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$19,203

Maint Fee

$--

Tax Year

2025

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Boris Gelfand