809 85th St, Miami Beach, FL 33141
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
Listed by:yairo rincon
Office:lifestyle international realty
MLS#:F10512070
Source:RMLS
Price summary
- Price:$1,600,000
- Price per sq. ft.:$338.19
About this home
Prime South Beach fourplex Close to Lincoln Rd; This fully occupied property features four spacious 2-bedroom, 1-bath units, all on month-to-month leases—ideal for flexibility and rental upside. Market rents are estimated at $2,500/month, with a projected gross income of $120,000/year. Estimated expenses are around $35,000, offering a potential 5.31% cap rate. No HOA. Great investment in a high-demand, walkable location in the heart of Miami Beach.
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Home facts
- Year built:1955
- Listing Id #:F10512070
- Added:20 day(s) ago
- Updated:August 13, 2025 at 02:57 PM
Rooms and interior
- Living area:4,731 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
- Heating:Wall Furnace
Structure and exterior
- Roof:Built Up
- Year built:1955
- Building area:4,731 sq. ft.
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,600,000
- Price per sq. ft.:$338.19
- Tax amount:$17,785 (2024)
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