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815 W 39, Miami Beach FL 33140

Multi-family For Sale
$2,350,000

BTC: 36.71875000

ETH: 1,473.64064489

34 days
0 room(s)
3,474 sqft

Overview

RARE MID-BEACH INVESTMENT GEM! Turnkey, 100% occupied boutique 4-unit asset spanning 3,474 SQ FT in Miami Beach’s most prestigious, high-barrier submarket. Surrounded by $5M+ luxury villas, this property features four oversized, fully renovated 2BR/2BA units showcasing sophisticated European-style finishes, private entrances, central AC, and in-unit washers & dryers. Designed for premium indoor/outdoor living in an A-rated school district near Mount Sinai & the 41st St corridor. Steps from the beach, dining, and major thoroughfares to Brickell & MIA. Strong, stable in-place income with versatile operational paths: premium long-term leases, furnished corporate housing, or seasonal use where permitted. Low-management, blue-chip property in Miami Beach’s most resilient rental market. Easy to manage, impossible to replicate.

Location

Florida • Miami Beach • 33140 • Multi-family • For Sale

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1938
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$676
Cooling:
Ceiling Fan(s) / Central Air / Electric
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,422,500
$1.0M – $2.2M
Confidence Low
List vs. estimate
$927K above estimate
List $2,350,000 · +65.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$676
+46.7% vs. city median $461
Based on
12 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $2.4M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$26,623
2025
All facts and features

  • Flooring

    • Tile

    • Wood

    Heating

    • Central

    • Electric

    Cooling

    • Ceiling Fan(s)

    • Central Air

    • Electric

  • Property

    • Exterior Features: Barbeque / Exterior Lights

    Other Property Information

    • Parcel Number: 02-32-27-015-0310

    • Zoning: 3900

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $26,623

  • Source details

    • MLS ID: A12026553

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Patio And Porch Features: Patio

    • Window Features: Complete Impact Glass / High Impact Windows

    • Architectural Style: Detached

    • Living Area: 3474

    • Water Source: Municipal Water

    • Subdivision Name: GARDEN SUB AMD PL

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
33140
537
median $799K
Active
Same city
Miami Beach
2,474
median $629K
Active
Same type
Multi-family
53
median $1.8M
Active
Similar price
$1.6M – $3.1M
248
median $2.2M
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: Elite Ocean View Realty LLC