Rarely available 8-unit multifamily asset positioned in one of miami beach's most sought-after corridors. This value-add opportunity offers investors the chance to acquire an income-producing property with significant upside potential. The property features a stable existing tenant base with below-market rents — providing immediate runway to increase noi upon lease turnover or strategic repositioning. With miami beach's consistently low vacancy rates and strong rental demand driven by year-round tourism, a growing professional population, and limited new multifamily supply, the fundamentals supporting rent growth remain exceptionally compelling. Contact listing agent for an updated offering memorandum.
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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 |
|---|---|---|---|---|---|
| Lehrman Community Day School | 727 77TH ST | private | 300 | PK - 5 | 0.06 mi |
| Biscayne Beach Elementary School | 800 77TH ST | public | 578 | PK - 5 | 0.09 mi |
| Happy Kids Private School | 7118 BYRON AVE | private | 9 | PK - 2 | 0.38 mi |
| Gan Katan | 7055 BONITA DR | private | 66 | PK - 4 | 0.44 mi |
| Mater Academy (miami Beach) | 8625 BYRON AVE | public | 614 | KG - 8 | 0.67 mi |
| Stars Learning Center | 2140 VERDUN DR | private | 25 | PK - 2 | 1.25 mi |
| Ruth K. Broad Bay Harbor K-8 Center | 1155 93RD ST | public | 1249 | PK - 8 | 1.62 mi |
| Treasure Island Elementary School | 7540 E TREASURE DR | public | 399 | PK - 5 | 1.73 mi |
| Lanaar | 2225 NE 121ST ST | private | 84 | 1 - 4 | 2.56 mi |
| Montessori Academy At St John's | 4760 PINE TREE DR | private | 17 | PK - 3 | 2.67 mi |
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