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842 84th St Miami Beach FL 33141 MLS #A11760191

842 84th St
Miami Beach, FL, 33141
$1,975,000
12 Beds
8 Bathrooms
7,823 SqFt
0 Acres
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$1,975,000
842 84th St
Miami Beach, FL, 33141
MLS #A11760191 image #0MLS #A11760191 image #1MLS #A11760191 image #2

Project Description

Welcome to Florida living at its best! This prime multi-family commercial property in Miami Beach offers unmatched versatility. Rent the existing structure with 8 multi-family units and benefit from the strong rental demand in the desirable Biscayne Point neighborhood, or tear down and build up to 5 stories, creating up to 29 spacious units with a total of 14,831 sq. ft. of buildable area. Just minutes from the beach, this property presents a rare opportunity to either generate immediate rental income or embark on a new development project in one of Miami Beach’s most sought-after locations!

Property Details

Price:
$1,975,000
MLS #:
A11760191
Status:
Active
Beds:
12
Baths:
8
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
BISCAYNE BEACH-3RD ADDN
Neighborhood:
biscaynebeach3rdaddn
Listed Date:
Mar 10, 2025
Finished Sq Ft:
7,823
Total Sq Ft:
7,823
Year Built:
1954
Biscayne Beach-3rd AddnBiscaynebeach3rdaddnBiscayne Beach-3rd AddnNo Restrictions

Schools

Interior

Appliances
Other Equipment/Appliances
Bathrooms
8 Full Bathrooms
Cooling
Other
Flooring
Other
Heating
Other

Exterior

Architectural Style
Detached, One Story
Community Features
Other
Construction Materials
Concrete Block Construction
Parking Features
On Street
Roof
Other

Financial

Tax Year
2024
Taxes
$30,246

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Quick Information

Profitability of the Property

Net Monthly Income:
Annual Profitability of:
842 84th St
Miami Beach, FL