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$1,600,000
A12061274 MLS 33141 Zip Code Altos Del Mar No 3 BLDG.
Exceptional investment opportunity in North Beach, one of Miami Beach's fastest-growing and most dynamic neighborhoods. This two-story multifamily property features a versatile four-unit configuration with two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units. Just blocks from the beach, the property is ideally positioned in the center of a major revitalization, with 13 new development projects transforming the area and significant city investment enhancing infrastructure, public spaces, and long-term value. The expansive lot offers outstanding value-add and redevelopment potential. There is ample space to add a private pool, a guest house, or up to two additional approximately 800-square-foot units, subject to zoning, permitting, and city approval. Buyers are encouraged to conduct their own due diligence and verify all development possibilities with the City of Miami Beach. Whether you're seeking immediate rental income, future appreciation, or expansion opportunities, this property presents a rare chance to invest in one of Miami Beach's most promising and rapidly evolving neighborhoods.

7610 Dickens Ave, Miami Beach

$8,499,000
A12019182 MLS 33141 Zip Code Altos Del Mar No 3 BLDG.
A fully operational 25-unit hospitality compound, 12 hotel keys (apartment size) + 13 residences, generating $1M+ in gross annual revenue with a 5.13% cap rate and $436,287 current NOI. Three renovated two-story towers on a 16,950 SF lot, three blocks from the Atlantic Ocean and one block from Collins Ave. Every unit is designer-finished with quartz countertops, rainfall showers, smart entry, and full kitchens. Amenities include a resort-style pool deck, fitness center, game room, kids' lounge, and tropical grounds, rare for North Beach at this price point. The numbers speak clearly: 50% LTV financing, $113,970 annual cash flow after debt service, a projected 10.79% levered IRR, 2.57x equity multiple, and $7M+ in profit over a 10-year hold. Four exit strategies — redevelop, rebrand, hold, or resell — with no capital restructuring required. Miami Beach's stringent STR licensing creates a structural moat that new entrants cannot easily replicate. Prime location. Proven revenue. Real optionality. This is the kind of asset North Beach simply doesn't offer twice.

7830 Abbott Ave, Miami Beach

$1,575,000
A12018339 MLS 33141 Zip Code Altos Del Mar No 3 BLDG.
Prime multifamily investment opportunity in the heart of Miami Beach. This fully renovated income-producing property features 6 turnkey units, including four spacious 1-bedroom/1-bath residences and two studio apartments. Ideally located just steps from the beach, Collins Avenue, world-class dining, shopping, and entertainment. Strong cash flow with current gross rental income exceeding $11.300/month and significant upside potential driven by high rental demand in the area. Upgrades throughout provide low-maintenance ownership and excellent tenant appeal. Perfect for investors seeking stable income, short- or long-term rental potential, and prime Miami Beach real estate appreciation. Seller highly motivated. for financials, additional details, and a private tour.

7630 Byron Ave, Miami Beach