8135 Crespi Blvd, Miami Beach, FL 33141

$1,630,000
3,510
SqFt

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List Price
$1,630,000
Price Change
▲ $45,000 1783993524
MLS#
A11958236
Sq. Ft
3,510
Subtype
Quadruplex
County
Miami-Dade
Community
Biscayne Bch Sub
Subdivision
Biscayne Bch Sub
Year Built
1950

Property Description

This exceptional waterfront multifamily property is ideally located in prime Miami Beach, offering residents highly desirable coastal living with direct proximity to the water. The building consists of five (5) 1-bedroom, 1-bathroom units, all of which are fully occupied, providing immediate and stable cash flow. The property is currently generating $8,300 in monthly rental income, presenting investors with strong in-place revenue and long-term investment stability. Its premier waterfront location offers tenants convenient access to Miami Beach’s renowned beaches, parks, dining, shopping, and entertainment, while still maintaining a quiet and desirable residential atmosphere. With its irreplaceable waterfront setting, strong occupancy, and location within one of South Florida’s most sought-after rental markets, this property represents an outstanding opportunity for investors seeking a stable, income-producing asset with long-term appreciation potential.

Additional Information

Status Label
ACTIVE
Boat Service
None
Construction
CBS Construction
Cooling
Wall/Window Unit(s)
Flooring
Terrazzo, Tile
Heating
Gas
Lot Description
1/4 To Less Than 1/2 Acre Lot
Roof
Flat Tile
Taxes
$19,203
Total Floors
1
Waterfront
Yes
Stories
1
Roofing
Flat Tile
Price Per Sqft
$464
Boat Services
None

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Calculator source: Real Geeks

Listing Courtesy Of Silmar Realty, Contact: