Basic Information

  • MLS # F10496514
  • Type Quadruplex
  • Status Active
  • Subdivision/Complex Biscayne Beach-2nd Addn
  • Year Built 1955
  • Total Sqft 4,731
  • Date Listed 04/07/2025
  • Days on Market 35
Description

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.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Block
  • Parking Description
  • Roof Description Built Up
  • Style Quadruplex

Interior Features

  • Adjusted Sqft 4,731Sq.Ft
  • Cooling Description Wall Window Units
  • Floor Description Tile
  • Heating Description Wall Furnace
  • Sqft 4,731 Sq.Ft

Property Features

  • Address 809 85th St
  • Architectural Style Fourplex
  • City Miami Beach
  • Community Features Non Gated
  • Construction Materials Block
  • County Miami- Dade
  • Furnished Info no
  • Levels Two
  • Listing Terms Cash, Conventional
  • Lot Features Less Than Quarter Acre
  • Pool Features None
  • Possession Close Of Escrow
  • Postal City Miami Beach
  • Public Survey Section Two
  • Public Survey Township 32
  • Roof Built Up
  • Sewer Description Public Sewer
  • Stories 2
  • HOA Fees $0
  • Subdivision Complex
  • Subdivision Info Biscayne Beach-2nd Addn
  • Tax Amount $17,785
  • Tax Legal desc B I S C A Y N E B E A C H-2 N D A D D N P B46-39 L O T37 B L K12 L O T S I Z E50.000 X100 O R21470-10500620031 C O C24784-36360720051
  • Tax Year 2024
  • Terms Considered Cash, Conventional
  • Type of Property Quadruplex
  • Water Source Public
  • Year Built Details Resale

809 85th St

Miami Beach, FL 33141

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Lifestyle International Realty. tel: (305) 809-8085

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