For Sale
$1,150,000

903 80Th StMiami Beach, FL 33141

Four-unit apartment building, strong cash flow.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a four-unit apartment building situated in the desirable Biscayne Point neighborhood of Miami Beach, Florida. Built in 1950, this single-story property is priced at $1,150,000 and currently generates a substantial monthly income of $8,700. The property features a mix of lease agreements; one unit is under a standard lease, while the remaining three units operate on month-to-month tenancies, offering flexibility for the new owner. A convenient shared laundry facility is located at the rear of the building, equipped with a washer and dryer for tenant use. The property is served by a single water meter, simplifying utility management. Located at 903 80th Street, Miami Beach, FL 33141, this property offers a compelling combination of established rental income and potential for future appreciation in a highly sought-after Miami Beach location. The property's address is 903 80th Street, Miami Beach, Florida, 33141. This is a rare opportunity to acquire a well-maintained multifamily property in a prime location with proven rental income. The property's single-story design and existing infrastructure present a straightforward investment opportunity with significant upside potential.

Highlights

  • $1,150,000 asking price.
  • Four-unit multifamily apartment building.
  • Located in the desirable Biscayne Point neighborhood of Miami Beach, FL.
  • Generating $8,700 monthly rental income.
  • Built in 1950, one-story building.

Property Details for 903 80Th St

Property type
Apartment buildings, Small apartment buildings
Year Built
1950
Stories
1
Units
4

Location Insight

City
Miami Beach
County
Miami-Dade
State
Florida
Latitude
25.8661327
Longitude
-80.1280056
903 80Th St, Miami Beach, Florida

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903 80Th St
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