Overview

Property ID: A11923537

Quadruplex
Property Type

4458 Square Feet
Area Size

1947
Year Built

Description

A well-maintained four-unit multifamily property in Miami Beach’s North Beach neighborhood. The two-story, 4,458 SF building sits on a 5,650 SF lot, offering four spacious 2-bed/1-bath units. Located in one of Miami Beach’s fastest-growing submarkets, the property benefits from strong rental demand due to its proximity to the beach, parks, schools, transit, and the upcoming Town Center redevelopment.

Zoned RM-1 (3900 – Multifamily, 38–62 units/acre), it provides flexibility and future redevelopment potential. Current income of $105,600 per year and projected $120,000 proforma yield a Net Operating Income of $66,435 (actual) and $80,835 (proforma). At a $1.5M price, returns equate to a 4.43% cap rate in place and 5.39% stabilized.

Nestled on a quiet block between Crespi Blvd and Hawthorne Ave, the property offers walkability to the beach, North Shore Park, the Bandshell District, restaurants, and public transit, with mature landscaping and stable occupancy ensuring a turnkey, low-maintenance investment in a high-demand rental corridor.

Address

Open on Google Maps

Address: 80th St
State/county: Miami-Dade County
Zip/Postal Code: 33141
Area: 0, 2200 Fort Lauderdale Beac, 2200 FORT LAUDERDALE BEAC, AUBERGE BEACH RESIDE, 2200 FORT LAUDERDALE BEACH, 2711 Hollywood Beach Cond, 2711 HOLLYWOOD BEACH CONDO, 401 Blu Of North Beach Co, 4010 SOUTH OCEAN CONDO HO, HYDE BEACH HOUSE, 4010 SOUTH OCEAN CONDO, HYDE BEACH HOUSE, 4010 SOUTH OCEAN CONDO, Hyde Beach House Res, 4010 SOUTH OCEAN CONDO, Hyde House Beach Res, 4111 SOUTH OCEAN DRIVE CO, HYDE BEACH, 4111 SOUTH OCEAN DRIVE CO, HYDE BEACH RESIDENCE, Alton Beach Bay Front Re-, ALTON BEACH REALTY CO SUB, AMENDED PLAT OF BLKS 12 13, Deerfeild Beach Town, Apogee Beach Condominium, APOGEE BEACH CONDOMINIUM, APOGEE BEACH CONDOMI, Arlen Beach Condo, ARLEN BEACH CONDO, Arlene Beach, Atlantic Beach Villas, AUBERGE BEACH, Auberge Beach Residences &, Auberge Beach Residences &, Auberge Beach Reside, B, Barefoot Beach Villas, BAREFOOT BEACH VILLAS, Barefoot Beach Villa, Beach Club Condo, BEACH CLUB CONDO, Beach Club Tower I, Beach Club I, BEACH CLUB I CONDO, BEACH CLUB I, BEACH CLUB ONE, 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Details

Updated on August 21, 2026 at 1:13 pm

Property ID A11923537
Price $1,400,000
Property Size 4458 Square Feet
Year Built 1947
Property Type Quadruplex
Property Status Active, Residential Income

Additional details

ArchitecturalStyle Other
BuildingAreaTotal 4458
BuildingAreaUnits Square Feet
BuildingName BISCAYNE BCH SUB
ConstructionMaterials Concrete Block Construction
ContractStatusChangeDate 2025-11-17
Cooling Central Air
DaysOnMarket 241
DocumentsAvailable Deposit Held, Deposit - Last Months Rent, Deposit - Security, Financial Statement, Investment Analysis, Copy Of Lease(S), Rent Rolls
ExpirationDate 2026-11-17
Flooring Wood
Heating Central
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 786-862-8247
ListAgentEmail vr@faustocommercial.com
ListAgentFullName Vicente Rodriguez
ListAgentKey be7eb2787a50c5195a40c6635f45981e
ListAgentMlsId 3289280
ListAgentOfficePhone 786-862-8247
ListAgentStateLicense 3289280
ListOfficeFax 305-675-0365
ListOfficeKey 7cfc112ff185580637392301ab94285c
ListOfficeMlsId FAUS01
ListOfficeName Fausto Commercial Realty Consultants Inc
ListOfficePhone 786-862-8247
ListingAgreement Exclusive Right To Sell
ListingContractDate 2025-11-17
ListingKey 41861cbbffb791e4d9a011a7b907bbd1
ListingTerms All Cash, Conventional, FHA
LotFeatures Less Than 1/4 Acre Lot
LotSizeSquareFeet 0
MajorChangeTimestamp July 16, 2026 at 01:37am
MajorChangeType Price Decrease
MlsStatus Active
ModificationTimestamp July 16, 2026 at 01:40am
NumberOfUnitsInCommunity 0
OnMarketDate 2025-11-17
OriginalEntryTimestamp December 2, 2025 at 03:25pm
OriginalListPrice 1500000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 02-32-02-008-0701
ParkingTotal 0
PhotosChangeTimestamp July 16, 2026 at 01:45am
PhotosCount 12
PostalCode 33141
PostalCodePlus4 1549
PreviousListPrice 1500000
PriceChangeTimestamp July 16, 2026 at 01:37am
PropertyCondition Substantially Remodeled
PublicSurveyRange 32
PublicSurveySection 2
PublicSurveyTownship 32
RentIncludes Sewer, Trash Collection
Roof Concrete
Sewer Public Sewer
ShowingContactType Agent
ShowingInstructions Call Listing Agent
SourceSystemKey 423835845
StateOrProvince FL
StatusChangeTimestamp December 2, 2025 at 03:25pm
Stories 2
StoriesTotal 2
StreetName 80th St
StreetNumber 851
StreetNumberNumeric 851
StructureType Quadruplex, Fourplex
SyndicationRemarks A well-maintained four-unit multifamily property in Miami Beach’s North Beach neighborhood. The two-story, 4, 458 SF building sits on a 5, 650 SF lot, offering four spacious 2-bed/1-bath units. Located in one of Miami Beach’s fastest-growing submarkets, the property benefits from strong rental demand due to its proximity to the beach, parks, schools, transit, and the upcoming Town Center redevelopment. Zoned RM-1 (3900 – Multifamily, 38–62 units/acre), it provides flexibility and future redevelopment potential. Current income of $105, 600 per year and projected $120, 000 proforma yield a Net Operating Income of $66, 435 (actual) and $80, 835 (proforma). At a $1.5M price, returns equate to a 4.43% cap rate in place and 5.39% stabilized. Nestled on a quiet block between Crespi Blvd and Hawthorne Ave, the property offers walkability to the beach, North Shore Park, the Bandshell District, restaurants, and public transit, with mature landscaping and stable occupancy ensuring a turnkey, low-maintenance investment in a high-demand rental corridor.
TaxAnnualAmount 17758
TaxLegalDescription BISCAYNE BEACH SUB PB 44-67 LOT 24 BLK 4 LOT SIZE 50.000 X 113 OR 18246-4746 0898 1 COC 23471-3665 05 2005 1
TaxYear 2025
YearBuiltDetails Resale
Zoning 3900