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809 85th St Miami Beach FL 33141 MLS #F10512070

809 85th St
Miami Beach, FL, 33141
$1,600,000
Beds
0 Bathrooms
4,731 SqFt
0 Acres
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$1,600,000
809 85th St
Miami Beach, FL, 33141
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Project Description

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.

Property Details

Price:
$1,600,000
MLS #:
F10512070
Status:
Active
Baths:
0
Type:
Residential Income
Subdivision:
BISCAYNE BEACH-2ND ADDN
Neighborhood:
32
Listed Date:
Jun 26, 2025
Finished Sq Ft:
4,731
Year Built:
1955
Biscayne Beach-2nd AddnBiscayne Beach-2nd Addn

Schools

Interior

Exterior

Financial

HOA Frequency
None
Taxes
$17,785

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Profitability of the Property

Net Monthly Income:
Annual Profitability of:
809 85th St
Miami Beach, FL