Miami Beach FL Multi Family for Sale
$2,830,000
763 E Pennsylvania Ave Miami Beach, FL 33139
- Type:
- Fourplex
- Sq.Ft.:
- 4,411
- Status:
- NEW LISTING
- Beds:
- n/a
- Year built:
- 1936
- Baths:
- MLS#:
- A11663865
- Subdivision:
- ROYAL SOUTH BEACH CONDO
ADDITIONAL INFORMATION
***13-UNITS*** TURNKEY INVESTMENT to enhance your short/long rental PORTFOLIO. Best South Beach location, steps to the beach, Lincoln Road & Española Way. Building is 3 stories-high with 42 units total. Live, work & enjoy South Beach’s perks with this offer of a **13-units package** of fully-furnished studios in the Royal Condo-Hotel. Kitchenettes are fully equipped. Building approved for short-term/long-term rentals or owner may reside in. Rents are self-managed or through Hotel Program (see attachments). Utilities & Concierge (24-Hr Front Desk) included in HOA Fee. Properties sold individually or as a 13-unit package (total 4,411 sq. ft. for all units). Inventory of units and Condo-Docs included in the listing attachments. Bldg. passed 40-Yr recertification. AirB&B Cash Cow.
$2,900,000
1420 16th St Miami Beach, FL 33139
- Type:
- Fourplex
- Sq.Ft.:
- 4,460
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1955
- Baths:
- MLS#:
- A11659446
- Subdivision:
- BAY LINCOLN
ADDITIONAL INFORMATION
Sought after and desirable South Beach location on tranquil street. Income-producing two-story fourplex steps away from the bay and Lincoln Road. Total of 2 2 bed / 2 bath units and 2 2 bed 1 bath units Zoned RM-2. Can be used for SHORT TERM rentals as a lucrative Air B n B business with a BTR license. The building is well maintained with hurricane doors and windows, upgraded electrical, energy-efficient water heaters, and new PVC piping for water and sewer. No REPAIRS NECESSARY* Units larger than tax roll Each unit has a balcony or private porch. Total of four parking spaces. Fully rented with long-term tenants. DO NOT DISTURB TENANTS* Buyer must show proof of funds and sign NDA to obtain financials.
$3,500,000
1150 8th St Miami Beach, FL 33139
- Type:
- Fourplex
- Sq.Ft.:
- 5,426
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1948
- Baths:
- MLS#:
- A11652726
- Subdivision:
- OCEAN BEACH ADDN NO 3
ADDITIONAL INFORMATION
Steps away from 500 Alton Project, 3 Acre Park Coming To Alton Road 4 Unit Multi-Family on Alton & 8th Street, on the same block as the New Baptist Health Center in Miami Beach. AAA Location - IDEAL for Owner Users, Developer or Investors. Flexible CD-2 Zoning allows for Medical Offices / Retails / Hotels / Short Term Rentals, and Other Commercial Uses. High Traffic Count Intersection & Close to Major Retailers. FAR 2.0 = Develop 15,000 sqft 5 story building. Total Monthly income: $15,700, move in 5.3% CAP Rate with potential upside on the rents! Tenants Pay all expense. the only thing landlord pays is monthly gardening fees, along with taxes and insurance annually! All Units come furnished with inventory list, they are all the exact same on the interior!
$2,200,000
650 Lenox Ave Miami Beach, FL 33139
- Type:
- Fourplex
- Sq.Ft.:
- 4,213
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1955
- Baths:
- MLS#:
- A11641196
- Subdivision:
- OCEAN BEACH ADDN NO 3
ADDITIONAL INFORMATION
Excellent location in the heart of Miami Beach, completely remodeled, very low maintenance. Buyers agents welcome.
$2,200,000
660 Lenox Ave Miami Beach, FL 33139
- Type:
- Fourplex
- Sq.Ft.:
- 4,213
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1955
- Baths:
- MLS#:
- A11641190
- Subdivision:
- OCEAN BEACH ADDN NO 3
ADDITIONAL INFORMATION
Incredible income producing property in the hear of south beach. Impact Windows, completely remodeled. Low maintenance. Buyers Agents Welcome.
$4,500,000
1200 Pennsylvania Ave Miami Beach, FL 33139
- Type:
- Duplex
- Sq.Ft.:
- 8,052
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1938
- Baths:
- MLS#:
- A11631806
- Subdivision:
- OCEAN BEACH ADDN NO 3
ADDITIONAL INFORMATION
The Edroy Apartments consists of 8,052 rentable square feet built on a 7,000 square foot lot. The property was constructed in 1938 and contains a total of 13 units, consisting of two 2 bedroom/2- bathroom units; three 2 bedroom/1-bathroom units; five 1 bedroom/1-bathroom units; and three large studio units. The property is priced at $4,500,000, which breaks down to $346,154 per unit and $558 a square foot. The building has been recently recertified and all units updated with brand new bathrooms and kitchens. The exterior features new impact windows, new awnings, plaster & paint, new gates.
$4,900,000
1561 Jefferson Ave Miami Beach, FL 33139
- Type:
- Duplex
- Sq.Ft.:
- 7,852
- Status:
- Active
- Beds:
- n/a
- Baths:
- MLS#:
- A11610233
- Subdivision:
- Lincoln Sub
ADDITIONAL INFORMATION
Prime Investment Opportunity: Invest in a profitable rental income property at 1561 Jefferson Ave, South Beach. This brand-new 2023 construction features 12 units in the heart of Miami Beach a few blocks from the Atlantic Ocean, half a block from Lincoln Road. It boasts a complete 2-year renovation, including new mechanical, electrical, plumbing, and flooring, along with top-of-the-line appliances and hurricane-proof windows. Combo washer & dryer and individual AC in each unit-a mix of layouts from 450 to 895 sq. ft. Located a few blocks from Flamingo Park -36.53-acre recreational paradise with a state-of-the-art soccer field, athletics track, and 17 tennis courts. Perfectly positioned for high rental demand with exceptional returns and long-term value for discerning investors.
$3,200,000
1530 West Ave Miami Beach, FL 33139
- Type:
- Fourplex
- Sq.Ft.:
- 5,712
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1947
- Baths:
- MLS#:
- A11604849
- Subdivision:
- ALTON BEACH BAY FRONT RE-
ADDITIONAL INFORMATION
Corner 4plex in sought after West Ave for its proximity to Lincoln Rd., Alton Rd, shops, restaurants & more. Property has completed 40 yr recert & recently termite tented. Each unit consists of 2/2+ Den that can be an additional room, a playroom or office area comfortably sized & private. All units include their own central AC’s, kitchen appliances, hardwood floors & parking. All units are in great condition & fully rented with leases till 2025. The building itself boasts, private luscious landscaping, laundry room, storage room, & meter room (each unit has their own electrical, water & gas meters).This 4unit residential building can allow an owner to live in a unit as primary residence & provide income from other 3 units. Units when vacant are rented in less than a month, very desirable.
$3,250,000
1620 Bay Rd Miami Beach, FL 33139
- Type:
- Fourplex
- Sq.Ft.:
- 4,338
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1950
- Baths:
- MLS#:
- A11602979
- Subdivision:
- LINCOLN TERRACE SUB
ADDITIONAL INFORMATION
THIS PROPERTY IS APPROVED AND LICENSED TO OPERATE AS A SHORT TERM RENTAL UNDER THE DBPR. (LEGAL) This 2 bed 2 bath Four-Plex located right in the heart of South Beach has years of history being rented on AirBnB & managed by a third party management company. The whole building was gutted & Completely renovated recently; It is conveniently located One block from Lincoln Road Mall and the Intercoastal Bay. All units have a 2-bedroom, 2-bathroom layout, new appliances, and air conditioning system, laundry in all units. All properties come furnished and with smart home systems. It is currently fully operational and provides a phenomenal NOI, specially for owner management/self managed. For NOI and more information please text listing agent.
$6,000,000
1600 Pennsylvania Ave Miami Beach, FL 33139
- Type:
- Duplex
- Sq.Ft.:
- 439
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1953
- Baths:
- MLS#:
- A11632171
- Subdivision:
- 1600 PENNSYLVANIA AVE CON
ADDITIONAL INFORMATION
The White House Apartments at Lincoln Road, a 19-unit multifamily building property in the heart of South Beach. The property is located adjacent to the famous Lincoln Road, a highly desirable location for renters on South Beach. Furthermore, the property is within walking distance to all of South Beach’s attractions including Ocean Drive, Collins, Washington Avenue and Flamingo Park. The building has a total of 19 units, of which 18 units are large studios of an average size of 438 square feet, and one unit is a two-bedroom, two-bathroom apartment of 866 square feet. The 19 units are in line with South Beach’s typical standards, which historically have been running close to 100% occupancy rates. In-place effective rents at the property average $4.25 per square foot.
Andrea Conner, License #BK3437731, Xome Inc., License #1043756, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
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Miami Beach Real Estate
The median home value in Miami Beach, FL is $380,600. This is higher than the county median home value of $305,200. The national median home value is $219,700. The average price of homes sold in Miami Beach, FL is $380,600. Approximately 23.53% of Miami Beach homes are owned, compared to 39.44% rented, while 37.03% are vacant. Miami Beach real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Miami Beach real estate agent to arrange a tour today!
Miami Beach, Florida 33139 has a population of 92,187. Miami Beach 33139 is less family-centric than the surrounding county with 19.25% of the households containing married families with children. The county average for households married with children is 28.46%.
The median household income in Miami Beach, Florida 33139 is $50,193. The median household income for the surrounding county is $46,338 compared to the national median of $57,652. The median age of people living in Miami Beach 33139 is 42.1 years.
Miami Beach Weather
The average high temperature in July is 88.1 degrees, with an average low temperature in January of 61.4 degrees. The average rainfall is approximately 61.1 inches per year, with 0 inches of snow per year.