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.
For sale
$1,600,000
809 85th St, Miami Beach, FL 33141
8beds
6baths
4,731sqft
Est.:
Quadruplex
Built in 1955
-- sqft lot
$1,450,900 Zestimate®
$338/sqft
$-- HOA
What's special
- 105 days |
- 222 |
- 18 |
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