Miami Beach, FL 33139
$2,950,000
Est. Payment $15,701/mo
1946
Year Built
2
Stories
121
Days on Market
Description
Offered at a 6.6% Proforma Cap, the property is currently 75% occupied (3 vacancies). The property is part of a 10-property portfolio all located in South Beach. It can be purchased individually or as part of the portfolio. All units in the property are 1BR/1BA. It has over $450,000 in combined CapEx between the current and previous owner. Most CapEx has been focused in common area/exterior elements. There are also two fully-renovated units in the community.
Facts
- MLS#
- A11822861
- Subdivision
- —
- Property Type
- Commercial Sale
- Property Sub Type
- Income/MultiFamily
- Year Built
- 1946
- Lot Size
- 7,000 ft²
- Sq. Ft.
- —
- Sq. Mt.
- —
- Price per sq. ft.
- —
- Price per sq. mt.
- —
- Stories
- 2
- Garage
- —
- Pool
- —
- Days on Market
- 121 days
- Listed
- Jun 16, 2025
- Last Updated
- Mar 4, 2026
- Price/Lot Sq.Ft.
- $421/ft²
Comparable homes
Same ZIP, similar price + bedrooms.
SOLD$2,899,000
— bd · 0 ba · —
315 W San Marino Dr, Miami Beach FL 33139
$2,895,000
— bd · 0 ba · 4,042 sqft
1622 Bay Rd, Miami Beach FL 33139
SOLD$3,100,000
— bd · 0 ba · 1,760 sqft
745-747 Lenox Ave, Miami Beach FL 33139
$3,150,000
— bd · 0 ba · —
645 Lenox Ave, Miami Beach FL 33139
SOLD$2,500,000
— bd · 0 ba · 3,990 sqft
1534 Euclid Ave, Miami Beach FL 33139
$3,499,000
— bd · 0 ba · —
901 Pennsylvania Ave, Miami Beach FL 33139
$3,499,000
— bd · 0 ba · —
901 Pennsylvania Ave, Miami Beach FL 33139
SOLD$2,695,000
1 bd · 1 ba · 866 sqft
102 24th St # 1016, Miami Beach FL 33139
Market insights for Miami Beach
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Buyers market
May 2026
30
Median days to sold
-1.2%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 3/4/2026 | Sold | $2,950,000 |
| 6/16/2025 | Listed for sale | $2,950,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
St. Paul Lutheran SchoolPK,KG,1,2,3,4,5,6,7,8 · private · 0.2 mi
- Bridgeprep Academy South
KG,1,2,3,4,5,6,7,8 · charter · 0.2 mi
- St Timothy Parish School
PK,KG,1,2,3,4,5,6,7,8 · private · 0.5 mi
- Snapper Creek Elementary School
PK,KG,1,2,3,4,5 · public · 0.5 mi
- Il Savior Academy
1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.5 mi
- Carpe Diem Academy
PK,TK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.7 mi
- Be Unique Academy Prep
1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.7 mi
- Mc Glannan School
1,2,3,4,5,6,7,8 · private · 0.7 mi
- American High School Academy
9,10,11,12,UG · private · 0.7 mi
- Kayleen's Learning Center
PK,TK,KG,1,2,3,4 · private · 0.7 mi
Data provided by GreatSchools.org © 2026. All rights reserved.Estimated Monthly Payment
$18,309/mo
Principal & Interest
$15,701
Property Tax
$2,458
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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