Miami Beach, FL 33139
$4,600,000
Est. Payment $24,483/mo
1925
Year Built
3
Stories
143
Days on Market
Description
Offered at a 6.5% Proforma Cap, the property is currently 100% occupied. 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. The property has 15 Studios, 3 2BR/1BA and 2 2BR/2BA. It has over $930,000 in combined CapEx between the current and previous owner. Building interior & exterior was painted in 2024 ($58k). The property features community laundry. It has 6 fully renovated units.
Facts
- MLS#
- A11823186
- Subdivision
- —
- Property Type
- Commercial Sale
- Property Sub Type
- Income/MultiFamily
- Year Built
- 1925
- Lot Size
- 10,500 ft²
- Sq. Ft.
- —
- Sq. Mt.
- —
- Price per sq. ft.
- —
- Price per sq. mt.
- —
- Stories
- 3
- Garage
- —
- Pool
- —
- Days on Market
- 143 days
- Listed
- Jun 16, 2025
- Last Updated
- Mar 4, 2026
- Price/Lot Sq.Ft.
- $438/ft²
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Market insights for Miami Beach
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
July 2026
42
Median days to sold
+4.5%
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 | $4,600,000 |
| 6/16/2025 | Listed for sale | $4,600,000 |
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.
McNab Elementary SchoolPK,KG,1,2,3,4,5 · public · 0.6 mi
- HI Tech Kidz Kollege
PK,KG,1,2,3,4,5 · private · 0.6 mi
- New Generation Montessori Children's Academy
PK,KG · private · 0.7 mi
- Cypress Elementary School
PK,KG,1,2,3,4,5 · public · 0.8 mi
- St Coleman School
PK,KG,1,2,3,4,5,6,7,8 · private · 0.9 mi
- Green Children's House
PK,KG,1 · private · 0.9 mi
- Bb International Preschool And Kindergarten
PK,KG,UG · private · 1.0 mi
- Broward Children's Center North
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · public · 1.0 mi
- Renaissance Charter School at Tradition
KG,1,2,3,4,5,6,7,8 · charter · 1.1 mi
- College Preparatory Academy At Wellen Park
KG,1,2,3,4,5,6 · charter · 1.1 mi
Data provided by GreatSchools.org © 2026. All rights reserved.Estimated Monthly Payment
$28,466/mo
Principal & Interest
$24,483
Property Tax
$3,833
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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