Biscayne Beach 2Nd Addn Fourplex For Sale
809 85th St, Miami Beach, FL 33141

$1,600,000
New For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:F10512070
  • Virtual Tour: YES
  • List Price: $1,600,000
  • Living Area: 4731 Ft² / 440 M²
  • Price Per Foot/Meter: $338 / $3,640
  • Taxes:$17,785
  • Year Built:1955
  • Listing Date:June 26, 2025
  • Days On Market:18
  • Total Units:4

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.

Features


  • Floor:Tile
  • Exterior Feature:

Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker