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.
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.
Property Details
Price:
$1,600,000
MLS #:
A11958236
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
BISCAYNE BCH SUB
Neighborhood:
biscaynebchsub
Listed Date:
Feb 3, 2026
Finished Sq Ft:
3,510
Total Sq Ft:
3,510
Year Built:
1950
See this Listing
Schools
Interior
Cooling
Wall/Window Unit(s)
Flooring
Terrazzo, Tile
Heating
Gas
Exterior
Architectural Style
Detached
Construction Materials
CBS Construction
Roof
Flat Tile
Financial
Tax Year
2025
Taxes
$19,203
Map
Community
- Address8135 Crespi Blvd Miami Beach FL
- SubdivisionBISCAYNE BCH SUB
- CityMiami Beach
- CountyMiami-Dade County
- Zip Code33141
Market Summary
Current real estate data for Multi Family in Miami Beach as of Mar 06, 2026
53
Multi Family Listed
170
Avg DOM
2,149
Avg $ / SqFt
$2,966,044
Avg List Price
Property Summary
- Located in the BISCAYNE BCH SUB subdivision, 8135 Crespi Blvd Miami Beach FL is a Multi Family for sale in Miami Beach, FL, 33141. It is listed for $1,600,000
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