About This Property

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.

Key Features

• Built in 1950

Property Details

• Type: Single Family Home
• Year Built: 1950
• Sq Ft: 3,510
• Price / Sq Ft: $464
• HOA: Contact Agent
• Bedrooms: 0
• Bathrooms: 0
• Feature: Built in 1950
• Status: Active
• MLS Number: 1152304990
• Days on Market: 238
• Listed By: Silmar Realty · Leor J Fidler
• Zip Code: 33141