8321 Crespi BlvdMiami, FL 33141

Property Details for 8321 Crespi Blvd

Year built

1951

Property type

Apartment buildings

Property subtype

Small apartment buildings

Description

This exceptional eight-unit apartment building presents a compelling investment opportunity in the desirable Biscayne Point area of Miami Beach, Florida. The property, located at 8321 Crespi Blvd, boasts a prime location near North Beach, Bal Harbour, and downtown Miami Beach, offering convenient access to Collins Avenue, Broad Causeway, US-1, and I-95. Built in 1951 and situated on two stories, this multifamily property comprises eight one-bedroom, one-bathroom units, each approximately 700 square feet. The building recently underwent a 40-year certification, ensuring peace of mind for the new owner. Residents enjoy stunning views of the Tatum Waterway, immersing them in the vibrant Miami lifestyle. The asking price for this lucrative investment is $2,450,000. This property represents a rare chance to acquire a well-maintained, centrally located multifamily asset in one of Miami Beach's most sought-after neighborhoods. The strong rental demand in the area, combined with the recent building certification, makes this an attractive proposition for investors seeking a stable and potentially high-yielding investment. Don't miss this opportunity to own a piece of Miami Beach real estate.

Location Insight

City

Miami

County

Miami-Dade

State

Florida

Latitude

25.8687

Longitude

-80.125

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