BISCAYNE BCH SUB
8135 Crespi Blvd, Miami Beach FL 33141
3,510 ft²
3,510
Sq. Ft.
1950
Year Built
1
Stories
51
Days on Market
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.
Facts
- MLS#
- A11958236
- Subdivision
- BISCAYNE BCH SUB
- Property Type
- Residential Income
- Property Sub Type
- Quadruplex
- Year Built
- 1950
- Lot Size
- 0 sqft
- Sq. Ft.
- 3,510 ft²
- Sq. Mt.
- 326 m²
- Price per sq. ft.
- $452/ft²
- Price per sq. mt.
- $4,862/m²
- Stories
- 1
- Garage
- —
- Pool
- —
- Days on Market
- 51 days
- Listed
- Feb 3, 2026
- Last Updated
- Mar 26, 2026
- Price/Lot Sq.Ft.
- —
Market insights for Miami Beach
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
May 2026
65
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).
| 3/26/2026 | Price change | $1,585,000-0.9% |
| 2/3/2026 | Listed for sale | $1,600,000 |
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.
Sanson's Preschool Learning CenterPK,TK,KG,1,2,3,4,5 · private · 0.4 mi
- Bent Tree Elementary School
PK,KG,1,2,3,4,5 · public · 0.5 mi
- Academir Preparatory Academy
KG,1,2,3,4,5 · charter · 0.5 mi
- Academir Charter School Middle
6,7,8 · charter · 0.5 mi
- Royal Green Elementary School
PK,KG,1,2,3,4,5 · public · 0.5 mi
- Hollywood Education Literacy Project Miami
KG,1,2,3,5,6,7,8,9,10,11,12 · private · 0.6 mi
- Howard D. McMillan Middle School
6,7,8 · public · 0.7 mi
- Ethel Koger Beckham Elementary School
PK,KG,1,2,3,4,5,6,7,8 · public · 0.8 mi
- Happy Memories Learning Center 2
PK,KG,1,2,3 · private · 0.9 mi
- Alphabet Soup Learning Center
PK,KG,1 · private · 0.9 mi
Data provided by GreatSchools.org © 2026. All rights reserved.Estimated Monthly Payment
$9,907/mo
Principal & Interest
$8,436
Property Tax
$1,321
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