About This Home
This 0-bedroom, 0-bathroom commercial at 345 85th St in Miami Beach, FL is listed for $2,750,000. Built in 1951, on a 0.18 acres lot.
Key Features
- Built in 1951
- 0.18 acre lot
- 8 parking spaces
Property Details
Prime 8-Unit Multifamily Investment Opportunity in Miami Beach! Exceptional income-producing property featuring eight 1-bedroom, 1-bathroom units in one of Miami Beach's most desirable rental markets. Currently 7 of 8 units are occupied, providing immediate cash flow with one vacant unit offering instant value-add potential.
Built in 1951, the property offers 6,336 SF of improvements on a 7,680 SF lot with RM-1 Multifamily Low Intensity zoning and 8 assigned parking spaces. Ideally located just minutes from the beach, world-renowned dining, shopping, entertainment, and major employment centers, this asset benefits from strong year-round rental demand and a thriving workforce demographic.
A rare opportunity for investors seeking stable income with future upside in a premier Miami Beach location. Do not disturb tenants. Showings by appointment only.
Monthly Cost Estimate
$14,708/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
345 85th St
Miami Beach, FL 33141
Property Details
Flooring
Construction
Parking
Heating
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 345 85th St is listed at $2,750,000. The estimated monthly payment is $14,707 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1951, 0.18 acre lot, 8 parking spaces.
This property is listed by Bryan Ozuna and can be reached at 7865469223.