About 809 85th St
Prime South Beach fourplex Close to Lincoln Rd; This fully occupied property features four spacious 2-bedroom, 1-bath units, all on month-to-month leases—ideal for flexibility and rental upside. Market rents are estimated at $2,500/month, with a projected gross income of $120,000/year. Estimated expenses are around $35,000, offering a potential 5.31% cap rate. No HOA. Great investment in a high-demand, walkable location in the heart of Miami Beach.
Features of 809 85th St
| MLS® # | F10512070 |
|---|---|
| USD | $1,600,000 |
| CAD | $2,246,960 |
| CNY | 元11,402,240 |
| EUR | €1,376,912 |
| GBP | £1,198,312 |
| RUB | ₽125,998,400 |
| Bathrooms | 0.00 |
| Living Square Footage | 4,731 |
| Acres | 0.00 |
| Year Built | 1955 |
| Type | Residential |
| Sub-Type | Fourplex |
| Style | Detached |
| Unit Floor | 0 |
| Status | Active-Available |
| Membership Equity | No |
Community Information
| Address | 809 85th St |
|---|---|
| Area | 32 |
| Subdivision | BISCAYNE BEACH-2ND ADDN |
| City | Miami Beach |
| County | Miami-Dade |
| State | FL |
| Zip Code | 33141-1136 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
| Pets Allowed | No |
Interior
| Heating | Window/Wall |
|---|---|
| Cooling | Wall/Window Unit Cooling |
| Fireplace | No |
| # of Stories | 2 |
| Stories | 2 |
Exterior
| Lot Description | < 1/4 Acre |
|---|---|
| Roof | Built-Up Roof |
| Construction | Cbs Construction |
Additional Information
| Days on Market | 111 |
|---|---|
| Zoning | 2800 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees Freq. | None |
Listing Details
| Office | Lifestyle International Realty |
|---|---|
| Phone No. | (954) 842-0980 |