Biscayne Point Buildings Multi-Family FOR SALE


Miami Beach, FL - Biscayne Beach
$6,500,000 USD
305-528-7984
, Miami Beach, FL for Sale
$6,500,000 USD
Multi-Family - FOR SALE
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Biscayne Point Buildings
Miami Beach, FL
Biscayne Beach


HIGHLIGHTS

  • -Two Art Deco style buildings in a single transaction
  • 21 units with in place GPR of $428,040 with potential of $545,700
  • North Beach: $200M+ in civic investment, 11.6% annual rent growth, historically low vacancy

OVERVIEW

Beachfront Realty is pleased to present this exclusive two-building portfolio in Miami Beach's North Beach submarket. 660 85th Street and 709 83rd Street are offered together as a single transaction — delivering an investor immediate scale, diversified income, and substantial value-add upside across 21 units in one of South Florida's most supply-constrained rental markets. Both buildings feature Art Deco-inspired architecture, covered gated parking, and in-place rents running meaningfully below prevailing market rates. With natural lease rollover driving 40%+ rental upside and no renovation capital required, this portfolio delivers a compelling blend of current income and outsized NOI growth potential.

ASK ABOUT THIS PROPERTY

Ed RobertsBeachfront Realty Inc.More Info
305-528-7984

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Ed RobertsBeachfront Realty Inc.More Info
305-528-7984

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.