Presenting a rarely available waterfront value-add opportunity within overlooked miami beach submarket. Delivered vacant and mid-improvement, this 6-unit multifamily asset is located within the historically undervalued north beach submarket — a supply-constrained coastal pocket quietly outperforming legacy market perception. Supported by spacious units averaging approximately 780 sq. Ft. And navigable tatum waterway frontage, the asset offers a clear path to unlock upside via completing improvements such as unit reconfiguration toward a 2-br floorplan, private dockage potential, and pre-chartered capital execution program — all while controlling an irreplaceable waterfront position. Ready for execution, the asset’s transitional value-add profile drastically shortens the cash-flow horizon with defined scope of work primarily centered around building recertification
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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 | 0.26 mi |
| Biscayne Beach Elementary School | 800 77TH ST | public | 578 | PK - 5 | 0.34 mi |
| Mater Academy (miami Beach) | 8625 BYRON AVE | public | 614 | KG - 8 | 0.38 mi |
| Happy Kids Private School | 7118 BYRON AVE | private | 9 | PK - 2 | 0.68 mi |
| Gan Katan | 7055 BONITA DR | private | 66 | PK - 4 | 0.74 mi |
| Ruth K. Broad Bay Harbor K-8 Center | 1155 93RD ST | public | 1249 | PK - 8 | 1.32 mi |
| Stars Learning Center | 2140 VERDUN DR | private | 25 | PK - 2 | 1.41 mi |
| Treasure Island Elementary School | 7540 E TREASURE DR | public | 399 | PK - 5 | 1.91 mi |
| Lanaar | 2225 NE 121ST ST | private | 84 | 1 - 4 | 2.34 mi |
| Montessori Academy At St John's | 4760 PINE TREE DR | private | 17 | PK - 3 | 2.97 mi |
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