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USAFLMiami BeachBiscayne Beach-2Nd Addn809 85Th St
809 85 Th St, Home with 0 bedrooms, 0 bathrooms and null parking in Miami Beach FL | Image 1
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$1,600,000

809 85 Th St, Miami Beach, FL

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 4731 sqft
Garage No
Taxes $17,785
Days Active 75
Lot Size 
Approx. Age 1955
Avg. Price Per Sqft $338
MLS® Number F10496514

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

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.Show Description
MLS® NumberF10496514
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1955
Basement
Driveway
Garage Spaces
HeatWall Furnace
A/CWall Window Units
Heating Fuel

Extras

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