Interior
- Bathrooms
- 0
Active · MultiFamily
$2,800,000
709 83rd St, Miami Beach, FL 33141
- Beds
- —
- Baths
- 0
- Living area
- — sq ft
- $ / sq ft
- —
- Year built
- 1990
- Lot size
- 11,880 sq ft
- HOA fee
- —
- Annual tax
- —
About this property
Portfolio sale with 660 85th St – Listed at $3,700,000. Well-maintained 9-unit multifamily building in Miami Beach’s Biscayne Beach area. Built in 1990, this 4-story concrete construction property offers approximately 11,880 SF on a 5,650 SF lot. The building features 9 fully occupied units, providing immediate rental income. Includes central A/C and durable concrete block construction. Prime location just minutes from the beach, shopping, dining, and transit. Zoned 3900 (Multifamily 2–9 units). Strong investment opportunity in a high-demand rental market.
Property location
Get Directions709 83rd St, Miami Beach, FL 33141
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Facts & features
Exterior & Structure
- Property type
- MultiFamily
- Year built
- 1990
- Lot size
- 11,880 sq ft
Parking
- Covered spaces
- 0
HOA, Community & Financials
- County
- Miami-Dade
- Days on market
- 71
- MLS listing ID
- A12001730
- Listing status
- Active
Virtual tour
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Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$5,480
- Cap rate
- 3.3%
- Net yield
- 3.3%
- Cash-on-cash return
- -8.4%
- Gross yield
- 6.6%
- Mortgage payment
- $13,273/mo
- Down payment
- $700,000
- Loan amount
- $2,100,000
- Annual NOI
- $93,520
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.