809 85th St, Miami Beach, FL 33141

Local realty services provided by:
809 85th St,Miami Beach, FL 33141
$1,600,000
  • - Beds
  • - Baths
  • 4,731 sq. ft.
  • Multi-family
  • Active
Listed by:yairo rincon
Office:lifestyle international realty
MLS#:F10512070
Source:

Price summary

  • Price:$1,600,000
  • Price per sq. ft.:$338.19

About this home

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.

Contact an agent

contact an agent

Yes, I would like more information from ERA®. Please use and/or share my information with an ERA affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an ERA affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1955
  • Listing Id #:F10512070
  • Added:133 day(s) ago
  • Updated:July 06, 2025 at 02:58 PM

Rooms and interior

  • Living area:4,731 sq. ft.

Heating and cooling

  • Cooling:Wall/Window Unit Cooling
  • Heating:Window/Wall

Structure and exterior

  • Roof:Built-Up Roof
  • Year built:1955
  • Building area:4,731 sq. ft.

Utilities

  • Water:Municipal Water
  • Sewer:Municipal Sewer

Finances and disclosures

  • Price:$1,600,000
  • Price per sq. ft.:$338.19
  • Tax amount:$17,785 (2024)