Miami Beach, FL 33141 809 85th St
$1,600,000
13 more
Presented By: Lifestyle International Realty -
Beds • 8
SQFT • 4,731
Home Details
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.
Presented By: Lifestyle International Realty -
Interior Features for 809 85th St
Other Interior Features
Internet YNYes
CableNo
Cooling DescriptionWall/Window Unit Cooling
FlooringTile Floors
Heating DescriptionWindow/Wall
Stories2.0000
General for 809 85th St
Area32
Assoc Fees
Gated CommunityNo
MonthlyNone
Pool Y/NNo
Property TypeResidential Income
Property Type InformationDetached
REONo
Rent IncludesTrash Removal
Section3
StyleFourplex
Subdivision Complex BldgBISCAYNE BEACH-2ND ADDN
Subdivision NameBISCAYNE BEACH-2ND ADDN
Type of AssociationOther
Type of PropertyFourplex
Water DescriptionMunicipal Water
Waterfront PropertyNo
Year Built1955
Year Built DescriptionResale
Zoning Information2800
Exterior for 809 85th St
Construction TypeCbs Construction
Lot DescriptionLess Than 1/4 Acre Lot
Parking Spaces0
Roof DescriptionBuilt-Up Roof
Sewer DescriptionMunicipal Sewer
Additional Details
Price History
Dawn Drennon
Realtor
