Homes for sale - 809 85th St, Miami Beach, FL 33141

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Ryan DeSouza, P.A.

ryan@ryandesouza.com +1(561) 558-3710

$ 1,600,000

Est. payment | -/mo

4,731 SqFt

Save

$ 1,600,000

Est. payment | -/mo

Save

4,731 SqFt

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,731 sqft

Price per Sqft $338

Subdivision Biscayne Beach-2Nd Addn

MLS Listing ID F10512070

Style Fourplex

Construction Status Resale

HOA Y/N Yes

Year Built 1955

Annual Tax Amount $17,785

Tax Year 2024

Property Sub-Type Fourplex

Property Description

Prime South Beach fourplex Close to Lincoln Rd; This fully occupied property features four spacious 2-bedroom, 1-bath units, all on month-to-month leases—ideal for flexibility and rental upside. Market rents are estimated at $2,500/month, with a projected gross income of $120,000/year. Estimated expenses are around $35,000, offering a potential 5.31% cap rate. No HOA. Great investment in a high-demand, walkable location in the heart of Miami Beach.

Location

State FL

County Miami-dade County

Zoning 2800

Interior

Heating Window/Wall

Cooling Wall/Window Unit Cooling

Flooring Tile Floors

Exterior

Water Access N

Roof Type Built-Up Roof

Private Pool No

Building

Lot Description Less Than 1/4 Acre Lot

Story 2.0000

Foundation Cbs Construction

Sewer Municipal Sewer

Water Municipal Water

Construction Status Resale

Others

Pets Allowed No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition As Is

Listed by Lifestyle International Realty

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(561) 558-3710

ryan@ryandesouza.com

809 85th St Miami Beach, FL 33141