835 83rd St, Miami Beach, FL 33141

$1,490,000

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List Price
$1,490,000
Price Change
▼ $90,000 1783455027
MLS
A12014422
Complex Name
Biscayne Beach-3rd Addn Pb
Status
ACTIVE
Type
Multifamily

Property Description

Rich Homes of Florida is pleased to present 835 83rd Street,****Owner Financing with 50% down ***** a legal 6-unit apartment building ideally located in one of Miami Beach’s most desirable neighborhoods. Just a short walk to the beach and the expansive 36-acre North Shore Open Space Park, this property offers an unbeatable combination of lifestyle and long-term value. The building features spacious 1-bedroom / 1-bath units,Gross Rental Income of $118,800. Washer and dryer on site. Every unit is equipped with NEW electrical systems, individual hot water heaters, and wall A/C units. The 40-Year Recertification was completed in 2026, providing peace of mind and reduced future capital exposure. An exceptional Value-Add Opportunity with strong rental demand and proximity to Surfside, Bal Harbour Shops, dining, and transportation.

Additional Information

Days on Market
82
Style
Quadruplex, Fourplex
Special Information
Substantially Remodeled
Water Access
None
Year Built
1951
Development Name
Biscayne Beach-3rd Addn Pb
#Stories
1
Construction Type
Concrete Block Construction, Slab Construction
Section
3

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Calculator source: Real Geeks

Listing Courtesy of Rich Homes of Florida, Contact: