809 85th St
Miami Beach, FL 33141
- – beds
- – baths
- 4,731 sqft
- $338 per sqft
- 1955 build
- – on site
Prime Investment Opportunity in the Heart of Miami Beach! This Four-unit Multifamily Property Offers Spacious 2-bedroom units, all Currently on Month-to-Month leases, providing flexibility for New Ownership. Each unit has the potential to command $3,500/month, projecting an Annual gross income of $168,000. Estimated annual expenses are approximately $35,000, leading to a potential cap rate of 8.31%. Located steps away from iconic attractions such as Lummus Park, the Art Deco Historic District, and Lincoln Road Mall, tenants will enjoy unparalleled Access to the best of Miami Beach. Don't miss out on this exceptional Property.
Last checked:
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Last updated Apr 7, 2025
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MLS# F10496514 —
The Building
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Year Built:1955
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Year Built Description:Resale
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Unit Count:4
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Construction Type:Cbs Construction
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Style:Fourplex
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Roof Description:Built-Up Roof
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# of Stories:2
Interior
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Floor Description:Tile Floors
Room Dimensions
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SqFt Living Room Area:4,731 Sqft
Financial & Terms
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Rent Includes:Trash Removal
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Terms Considered:Cash, Conventional
The Property
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Type of Property:Fourplex
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Property Type:Residential Income
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Property Type Information:Detached
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Parcel Number:02-32-03-011-0660
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Lot Description:Less Than 1/4 Acre Lot
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Zoning:2800
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Waterfront Property:No
Listing Agent
- Contact info:
- Agent phone:
- (954) 842-0980
- Office phone:
- (305) 809-8085
Taxes
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Tax Year:2024
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Tax Amount:$17,785
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Tax Information:Tax Reflects City & County Tax
The Listing
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Special Information:As Is
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Information Available:Copy Of Lease(S)
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Auction:No
Heating & Cooling
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Cooling Description:Wall/Window Unit Cooling
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Heating Description:Window/Wall
Utilities
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Water Description:Municipal Water
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Sewer Description:Municipal Sewer
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Internet:Yes
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Cable Available:No
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Separate Meter:Yes
The Community
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Subdivision Name:BISCAYNE BEACH-2ND ADDN
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Subdivision Complex Bldg:BISCAYNE BEACH-2ND ADDN
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Subdivision Number:11
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Gated Community:No
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Pool:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/7/25
Apr 7, 2025
|
Listed / Active | GFLR | $1,600,000 | |
|
6/17/13
Jun 17, 2013
|
Sold | MLSM |
