345 85th St, Miami Beach FL 33141

About This Property

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.

Property Details

Property Type

Income/MultiFamily

Status

Active

MLS #

A12064481

Building Area

6,336 SF

Lot Size

7,680 SF

Year Built

1951

Zoning

3900

Days on Market

1

Price

$2,750,000