
$2,750,000
Commercial for Sale, 345 85th St, Miami Beach, Florida 33141
- MLS#A12064481
Listed By Real Estate Sales Force
The Commercial Property for Sale located at 345 85th St, Miami Beach, Florida 33141 is currently for sale.
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
345 85th St, Miami Beach, Florida 33141
Property features
Lot/Land
- Land/Lot size:
713 m² (7,680 ft²) - Lot Description: Corner Lot
Construction
- Year built: 1951
- Roofing: Shingle
- Construction: Cbs Construction
Parking/Garage
- Parking description: Assigned
Interior Features
- Floors: Tile
Security
- Features: Smoke Detector
Heating and Cooling
- Heating System: Wall Or Window Units
Utilities
- Other utilities: Public