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345 85th St, Miami Beach FL 33141

Commercial For Sale
$2,750,000

BTC: 35.15949626

ETH: 1,086.74175064

41 days
0 room(s)

Overview

Prime 8-Unit Multifamily Investment Opportunity in Miami Beach! Exceptional income-producing property featuring eight 1-bedroom, 1-bathroom units in one of Miami Beach’s most desirable rental markets. Currently 7 of 8 units are occupied, providing immediate cash flow with one vacant unit offering instant value-add potential. Built in 1951, the property offers 6,336 SF of improvements on a 7,680 SF lot with RM-1 Multifamily Low Intensity zoning and 8 assigned parking spaces. Ideally located just minutes from the beach, world-renowned dining, shopping, entertainment, and major employment centers, this asset benefits from strong year-round rental demand and a thriving workforce demographic. A rare opportunity for investors seeking stable income with future upside in a premier Miami Beach location. Do not disturb tenants. Showings by appointment only.

Location

Florida • Miami Beach • 33141 • Commercial • For Sale

Details

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

Valuation

Our model vs. what's actually selling nearby.
Estimate
$2,270,000
$547K – $4.7M
Confidence Low
List vs. estimate
$480K above estimate
List $2,750,000 · +21.1%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
14 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $800K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Parking
8 spaces
All facts and features

  • Flooring

    • Tile

    Heating

    • Wall/Window Units

  • Parking

    • Assigned

    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: A12064481

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Corner Lot

    • Water Source: Public

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33141
625
median $600K
Active
Same city
Miami Beach
2,395
median $650K
Active
Same type
Commercial
155
median $1.9M
Active
Similar price
$1.9M – $3.6M
203
median $2.6M
Active

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: Real Estate Sales Force