8135 Crespi Blvd, Miami Beach, FL 33141
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
Listed by: leor fidler
Office: silmar realty
MLS#:A11958236
Source:SEFMLS
Price summary
- Price:$1,585,000
- Price per sq. ft.:$451.57
About this home
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.
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Home facts
- Year built:1950
- Listing ID #:A11958236
- Updated:March 31, 2026 at 11:31 PM
Rooms and interior
- Flooring:Terrazzo, Tile
- Living area:3,510 sq. ft.
Heating and cooling
- Cooling:Wall/Window Units
- Heating:Gas
Structure and exterior
- Roof:Flat, Tile
- Year built:1950
- Building area:3,510 sq. ft.
- Architectural Style:Fourplex
- Construction Materials:Block
- Levels:1 Story
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,585,000
- Price per sq. ft.:$451.57
- Tax amount:$19,203 (2025)
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