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1980 Biarritz Dr, Miami Beach FL 33141

Commercial For Sale
$1,680,000

BTC: 26.37362637

ETH: 954.54545455

1 days
0 room(s)

Overview

Prime multifamily investment opportunity in the sought-after Normandy Isle neighborhood of Miami Beach. This well-maintained 5-unit building sits on a 6,662 SF lot and offers strong income potential with a favorable unit mix including three 1BD/1BA units, one 2BD and 1BA and one spacious 1BD/2BA penthouse residence. Ideally positioned near Normandy Park, community pool, local dining, cafés, shopping, and everyday conveniences, with easy access to Biscayne Boulevard, North Beach, and major transit routes. The property benefits from consistent rental demand driven by its central location and walkability. Excellent opportunity for investors seeking stable cash flow with future upside in one of Miami Beach’s most established rental submarkets.

Location

Florida • Miami Beach • 33141 • Commercial • For Sale

Details

Type:
Commercial Sale
Parking:
On Street
Year Built:
1951
Lot:
6662 Square Feet
Heating:
Wall/Window Units
Price/sqft:
No Data
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,615,000
$1.2M – $4.2M
Confidence Low
List vs. estimate
$65K above estimate
List $1,680,000 · +4.0%
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: $445K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$19,343
2025
All facts and features

  • Flooring

    • Tile

    • Wood

    Heating

    • Wall/Window Units

    Cooling

    • Wall/Window Unit(s)

  • Parking

    • On Street

    Lot

    • Lot: 6662 Square Feet

    Other Property Information

    • Parcel Number: 02-32-10-002-0880

    • Zoning: 3900

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • Annual tax amount: $19,343

  • Source details

    • MLS ID: A12039962

    Other facts

    • Construction Materials: Concrete Block Construction

    • Lot Features: City Location

    • 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
645
median $580K
Active
Same city
Miami Beach
2,553
median $629K
Active
Same type
Commercial
163
median $1.9M
Active
Similar price
$1.2M – $2.2M
287
median $1.5M
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: Miami Residential Group