PRIME NORTH BEACH INVESTMENT OPPORTUNITY! Rare chance to own a 4-unit multifamily property in one of Miami Beach's most exciting and rapidly evolving neighborhoods. This two-story property features two 2-bedroom/1-bath units and two 1-bedroom/1-bath units, offering an attractive mix for rental income and long-term appreciation. Located just blocks from the beach, dining, shopping, and everything North Beach has to offer, the property sits in an area experiencing significant redevelopment and continued investment.Situated on an expansive lot with excellent value-add potential, the property may offer opportunities for future expansion, including a private pool, guest house, or up to two additional approximately 800-SF units, subject to zoning, permitting, and City approval. Buyers must independently verify all redevelopment and expansion possibilities with the City of Miami Beach.Whether you're looking to generate rental income, expand your portfolio, reposition the property, or capitalize on the continued growth of North Beach, this is an opportunity with tremendous upside in a highly desirable Miami Beach location. LOCATION, INCOME & FUTURE POTENTIAL - all just blocks from the ocean! Contact Listing Agents !
| MLS # | A12092788 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1951 |
| Days On Site | 42 |
| Listing Provided By | Real Estate Sales Force | Karen Gomez |
| SQ Feet | 3,655 |
|---|---|
| Story(s) | 2 |
| Units | 4 |
| Zoning | 3900 |
| Tax Annual Amount | 17018 |
|---|
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami Beach |
| Zip Code | 33141 |
| Area | 2320 |
| Community Name | ALTOS DEL MAR NO 3 |
| Listing VS Median (in ALTOS DEL MAR NO 3) | |
Price: $1,600,000 low | high Med: $1,770 sqft: 3,655 low | high Med: 2,875,866 $ / sqft: $438 low | high Med: $0 On site: 42 low | high Med: 42 | |
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami Beach |
| Zip Code | 33141 |
| Area | 2320 |
| Community Name | ALTOS DEL MAR NO 3 |
| Listing VS Median (in ALTOS DEL MAR NO 3) | |
Price: $1,600,000 low | high Med: $1,770 sqft: 3,655 low | high Med: 2,875,866 $ / sqft: $438 low | high Med: $0 On site: 42 low | high Med: 42 | |
![]() | $1,550,000625 77th StreetMiami Beach, FL 33141 |