345 85th St Miami Beach, FL 33141
Other
MLS #: A12064481
Courtesy Of Real Estate Sales Force
Property InformationDescription
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.
Features
- Age: Over 50 Years Old
- Building Units: 8
- Exterior Type: Block
- Floor Covering: Laminate
- Floor Covering: Tile
- Heating System: Wall Furnace
- Legal Description: BEACH BAY SUB PB 44-25 LOT 5 BLK 4 LOT SIZE 60.000 X 128
- MLSID: A12064481
- Parking Spaces: 8
- Roof Type: Shingle
MAP & DIRECTIONS
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