345 85th St, Miami Beach, FL 33141
345 85th St, Miami Beach, FL 33141
345 85th St, Miami Beach, FL 33141
345 85th St, Miami Beach, FL 33141
345 85th St, Miami Beach, FL 33141
345 85th St, Miami Beach, FL 33141
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Lab Realty Group

Lab Realty Group

+1(786) 873-2597
$ 2,750,000
Est. payment | /mo

6,336 SqFt

Save Virtual Tour
$ 2,750,000
Est. payment | /mo
Save Virtual Tour

6,336 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,336 sqft

Price per Sqft $434

MLS Listing ID A12064481

HOA Y/N No

Year Built 1951

Lot Size 7,680 Sqft

Property Sub-Type Multi Family

Property Description

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.

Location

State FL

County Miami-dade

Area 32

Interior

Heating Window Unit, Wall Furnace

Flooring Laminate, Tile

Exterior

Roof Type Shingle

Total Parking Spaces 8

Private Pool Yes

Building

Sewer Public Sewer

Water Public

Structure Type Block

Others

Tax ID 02-32-02-005-0280

Security Features Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12064481

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Real Estate Sales Force

Nearby Locations

Lab Realty Group

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(786) 873-2597

thelabrg@gmail.com

255 Alhambra Cir. Ste 520, Coral Gables, Florida, 33134, USA

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345 85th St