345 85th Street, Miami Beach, FL

$2,750,000

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0.18

Acres

About 345 85th Street

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.

Features of 345 85th Street

MLS® # A12064481
USD $2,750,000
CAD $3,803,223
CNY 元18,475,875
EUR €2,369,785
GBP £2,038,251
RUB ₽238,843,550
Acres 0.18
Year Built 1951
Type Residential
Sub-Type Multi Family
Status Active
HOPA No Hopa

Community Information

Address 345 85th Street
Area 2320
City Miami Beach
County Miami-Dade
State FL
Zip Code 33141

Amenities

Parking Assigned

Interior

Heating Window/Wall

Exterior

Roof Shingle
Construction CBS

Listing Details

Listing Map

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