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.
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*Private Mortgage Insurance - included if downpayment is less than 20% of mortgage.
**Monthly payment - a sum of Principle, Interest, PMI, Tax, Insurance.
| Name | Address | Type | # of Students | Grades | Distance |
|---|---|---|---|---|---|
| Mater Academy (miami Beach) | 8625 BYRON AVE | public | 614 | KG - 8 | 0.1 mi |
| Lehrman Community Day School | 727 77TH ST | private | 300 | PK - 5 | 0.56 mi |
| Biscayne Beach Elementary School | 800 77TH ST | public | 578 | PK - 5 | 0.63 mi |
| Happy Kids Private School | 7118 BYRON AVE | private | 9 | PK - 2 | 0.93 mi |
| Gan Katan | 7055 BONITA DR | private | 66 | PK - 4 | 1.02 mi |
| Ruth K. Broad Bay Harbor K-8 Center | 1155 93RD ST | public | 1249 | PK - 8 | 1.13 mi |
| Stars Learning Center | 2140 VERDUN DR | private | 25 | PK - 2 | 1.7 mi |
| Treasure Island Elementary School | 7540 E TREASURE DR | public | 399 | PK - 5 | 2.2 mi |
| Lanaar | 2225 NE 121ST ST | private | 84 | 1 - 4 | 2.29 mi |
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