809 85th St, Miami Beach, FL 33141

 
MLS #: F10496514
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Price: $1,600,000 MLS Number: F10496514  Multi-Family
 Address: 809 85th St, Miami Beach, Florida 33141 USA
 Living Area: 4,731
 
 Taxes: $17,785
 
 Year Built: 1955
 Community: BISCAYNE BEACH-2ND ADDN
 
 Subdivision: BISCAYNE BEACH-2ND ADDN
 
 Remarks:
Prime Investment Opportunity in the Heart of Miami Beach! This Four-unit Multifamily Property Offers Spacious 2-bedroom units, all Currently on Month-to-Month leases, providing flexibility for New Ownership. Each unit has the potential to command $3,500/month, projecting an Annual gross income of $168,000. Estimated annual expenses are approximately $35,000, leading to a potential cap rate of 8.31%. Located steps away from iconic attractions such as Lummus Park, the Art Deco Historic District, and Lincoln Road Mall, tenants will enjoy unparalleled Access to the best of Miami Beach. Don't miss out on this exceptional Property.
 Features:
Flooring:Tile Flooring
Heat/Cool:Wall or Window Air Conditioner(s)
LotSize:Lot Size is 1/4 Acre or Less


Courtesy of Lifestyle International Realty
The REALTOR® Association of Greater FT Lauderdale is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright REALTOR® Association of Greater FT Lauderdale, MLS All rights reserved. This property is courtesy of Lifestyle International Realty.
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