$1,600,000

Estimated payment $10,091/month

Total Views 14
-- Bed
-- Bath
3,510 Sq Ft
$456 Price per Sq Ft

Highlights

  • Home fronts a canal
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Gas
  • No HOA
  • Tile Flooring
  • 1-Story Property

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.

Listing Agent

Leor Fidler

Silmar Realty License #3502040 Listed on: 02/03/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,203

Year Built

  • Built in 1950

Lot Details

  • 60 Ft Wide Lot
  • Home fronts a canal
  • Property is zoned 3900

Home Design

  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,510 Sq Ft Home
  • 1-Story Property

Flooring

  • Tile
  • Terrazzo

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • Biscayne Bch Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-32-02-008-2150

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,203

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1950
  • Property Sub Type: Quadruplex
  • Architectural Style: Detached
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: BISCAYNE BCH SUB
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • CurrentPrice: 1600000
  • InternetRemarks: Fully occupied 5-unit waterfront multifamily property in prime Miami Beach. The building consists of five (5) 1-bedroom, 1-bathroom units.
  • ShowingTimeFlag: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Terrazzo, Tile
  • Living Area: 3510
  • Stories: 1

Exterior Features

  • Roof: Flat Tile
  • Construction Type: CBS Construction
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront Features: Canal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: BISCAYNE BCH SUB

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Gas
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 02-32-02-008-2150
  • Zoning: 3900

Rental Info

  • Rent Includes: Cable TV, Gas, Hot Water, Gardener

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 19203

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $18,106 $1,018,037 -- --
2024 $16,208 $925,489 -- --
2023 $16,208 $841,354 $0 $0
2022 $14,371 $764,868 $546,250 $218,618
2021 $13,174 $682,301 $488,750 $193,551
2020 $13,210 $682,329 $488,750 $193,579
2019 $13,055 $673,708 $488,750 $184,958
2018 $12,669 $673,735 $488,750 $184,985
2017 $12,830 $673,762 $0 $0
2016 $12,920 $665,143 $0 $0
2015 $6,316 $324,886 $0 $0
2014 $4,679 $298,504 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2026 02/03/26 For Sale $1,600,000 -- $456 / Sq Ft
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11958236

MIAMI REALTORS® MLS