Property description of Income/MultiFamily

A 10-unit multifamily property located in the highly walkable north beach district of miami beach. Built in 1958, this two-story building sits between hawthorne avenue and crespi boulevard, just steps from the tatum waterway and minutes from the ocean. The property offers ten spacious one-bed/one-bath units, each over 700 square feet, with separate electric and gas meters, individual water heaters, and classic miami beach charm. While selectively updated, the asset presents strong value-add potential through modernization and rent optimization. The area continues to benefit from significant public and private redevelopment, including the north beach town center district and other large-scale projects driving sustained rent growth and property appreciation. With a stable tenant base, flexible lease structure, and prime location near collins avenue, harding avenue, the atlantic ocean, an

Property Features