8135 Crespi Blvd Miami Beach, FL 33141
Biscayne Point NeighborhoodEstimated payment $10,145/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $19,203 | $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 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/26/2026 03/26/26 | Price Changed | $1,585,000 | -0.9% | $452 / Sq Ft |
| 02/03/2026 02/03/26 | For Sale | $1,600,000 | -- | $456 / Sq Ft |
Source: MIAMI REALTORS® MLS
MLS Number: A11958236
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