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345 85th St, Miami Beach FL 33141

Commercial Active With Contract
$1,800,000

BTC: 29.31596091

ETH: 1,030.92783505

New
0 room(s)

Overview

This fantastic 2-story corner building, just steps from the 36-acre North Beach Oceanside Park and the beach, presents a prime investment opportunity. The property features eight one-bedroom, one-bathroom apartments, each with a new kitchen equipped with granite countertops and stainless steel appliances, waterproof flooring, and modern fixtures. Residents will enjoy ample living space, including room for dining, a walk-in closet, and a contemporary bathroom. Additional amenities include five parking spaces, on-site laundry, and impact-resistant windows and doors. Conveniently located near Mater Beach Academy, 87 Park, and Surfside, this building offers great potential in a sought-after area.

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1951
Lot:
7680 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$2,490,000
$620K – $5.9M
Confidence Low
List vs. estimate
$690K below estimate
List $1,800,000 · -27.7%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
9 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $858K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.
All facts and features
  • Lot

    • Lot: 7680 Square Feet

    Other Property Information

    • Parcel Number: 02-32-02-005-0280

    • Zoning: 3900

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Source details

    • MLS ID: A12031758

    Other facts

    • Water Source: Other

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Viel & Ritter Realty Group, Inc.