8135 Crespi Blvd, Miami Beach, FL 33141
8135 Crespi Blvd, Miami Beach, FL 33141
8135 Crespi Blvd, Miami Beach, FL 33141
24
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$1,585,000
Est. payment /mo
3,510 SqFt
Price Dropped by $15K

8135 Crespi Blvd Miami Beach, FL 33141

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,510 sqft

Price per Sqft $451

Subdivision Biscayne Bch Sub

MLS Listing ID A11958236

Style Fourplex

HOA Y/N No

Year Built 1950

Annual Tax Amount $19,203

Tax Year 2025

Property Sub-Type Quadruplex

Property Description

This exceptional waterfront multifamily property is ideally located in prime Miami Beach, offering residents highly desirable coastal living with direct proximity to the water. The building consists of five (5) 1-bedroom, 1-bathroom units, all of which are fully occupied, providing immediate and stable cash flow.

The property is currently generating $8,300 in monthly rental income, presenting investors with strong in-place revenue and long-term investment stability. Its premier waterfront location offers tenants convenient access to Miami Beach's renowned beaches, parks, dining, shopping, and entertainment, while still maintaining a quiet and desirable residential atmosphere.

With its irreplaceable waterfront setting, strong occupancy, and location within one of South Florida's most sought-after rental markets, this property represents an outstanding opportunity for investors seeking a stable, income-producing asset with long-term appreciation potential.

Location

State FL

County Miami-dade

Community Biscayne Bch Sub

Area 32

Interior

Heating Gas

Cooling Wall/Window Unit(s)

Flooring Terrazzo, Tile

Exterior

Pool None

Utilities Available Cable Available

Waterfront Description Canal Front

Roof Type Flat,Tile

Private Pool No

Building

Lot Description 1/4 to 1/2 Acre Lot

Story 1

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories One

Structure Type Block

Others

Tax ID 02-32-02-008-2150

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11958236


Miami Association of Realtors (SEFMIAMI MLS)
Listed by Silmar Realty

NEARBY SCHOOL & BUSINESS

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Sharon Colón

Sharon Colón

Agent | License ID: 3309937

+1(786) 376-2398

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8135 Crespi Blvd