Currently cash flowing $15,450/month! Massive $200k price drop! Fully gutted and rebuilt 7-unit multifamily just 2 blocks from the beach, now offered at a true 6. 8% cap rate. Featuring (4) 1bd/1ba and (3) 2bd/1ba units—all brand new with impact windows, new electrical, plumbing, hvac, insulation, flooring, kitchens, appliances, and designer baths. On-site laundry adds $450/mo in income. Zero deferred maintenance, premium finishes, and a prime miami beach location make this a rare turnkey asset delivering strong cash flow and long-term upside.
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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 | 0.16 mi |
| Biscayne Beach Elementary School | 800 77TH ST | public | 578 | PK - 5 | 0.22 mi |
| Happy Kids Private School | 7118 BYRON AVE | private | 9 | PK - 2 | 0.46 mi |
| Gan Katan | 7055 BONITA DR | private | 66 | PK - 4 | 0.55 mi |
| Mater Academy (miami Beach) | 8625 BYRON AVE | public | 614 | KG - 8 | 0.57 mi |
| Stars Learning Center | 2140 VERDUN DR | private | 25 | PK - 2 | 1.39 mi |
| Ruth K. Broad Bay Harbor K-8 Center | 1155 93RD ST | public | 1249 | PK - 8 | 1.55 mi |
| Treasure Island Elementary School | 7540 E TREASURE DR | public | 399 | PK - 5 | 1.87 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 | 2.77 mi |
Free Benefits of account
