7710 Carlyle Ave, Miami Beach FL 33141

For sale Days on market 45

ALTOS DEL MAR NO 3 [ Quadruplex ]

$1,199,000

$350/sq ft

$76,000
Price Decreased

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Overview

Year Built

1951

Sqft

3425

Property Type

Quadruplex

Property Description

Premium 4-unit multifamily value-add opportunity in the heart of North Beach. 7710 Carlyle Avenue is located 3 blocks from the Atlantic Ocean and 3 blocks from Biscayne Bay at the geographic center of Miami Beach's North Shore residential corridor. Built 1951, CBS construction, one-story, 3,425 SF on 5,650 SF lot. The building is fully occupied with stable tenants. Unit mix: (2) 2BR/1BA units + (2) 1BR/1BA units. Current rents are running 15-20% below comparable market rates, offering immediate upside potential through modest rent adjustments to market levels. NOI increase potential of approximately 20% at stabilized market rents. Quiet, tree-lined street walkable to the Bandshell, 71st Street Town Center, parks, and beach. North Beach is in early stages of major transformation—9+ development projects underway, new $53.8M civic complex approved, CRA established with taxable base growing 21% in first two years. Exceptional fundamentals. RM-1 zoning.

Property Details

MLS#

A12000197

Total Floor in Bldg

Building

ALTOS DEL MAR NO 3

Address

7710 Carlyle Ave

City

Miami Beach

State/county

Zip/Postal Code

33141

Area

Altos Del Mar No 3

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$15,248

Maint Fee

$--

Tax Year

2025

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