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2120 Biarritz Dr, Miami Beach FL 33141

Multi-family For Sale
$1,700,000

BTC: 19.69872538

ETH: 641.50943396

-$200K (2026/08/24)
98 days
0 room(s)
3,492 sqft

Overview

Seller Financing Available. Competitive 4.73% Cap rate. Discover this exceptional turnkey four-plex investment opportunity in the highly desirable Normandy Isles neighborhood of Miami Beach. Just moments from the beach, intracoastal waterways, parks, schools, supermarkets, and vibrant dining, this well-maintained 1950s-era building offers strong rental demand and immediate income with upside potential. The property includes four spacious units: two 1BR/1BA (796 sq ft each) and two 2BR units (one 2/2 and one 2/1, each ~950 sq ft). All units are fully remodeled featuring, new appliances, brand-new bathrooms, premium flooring, new impact windows, new water heaters, and efficient mini-split AC systems. Modern kitchens, extra-large living/dining areas, ample closets, and private terraces with pool access complete the appeal. Tenants enjoy premium shared amenities: a beautifully renovated pool, lush and modern landscaping, onsite laundry room, and 5 dedicated parking spaces. All city-required certifications and inspections are up to date with nothing pending—ready for seamless ownership. This solid concrete-block building is perfect for investors seeking stability in a proven Miami Beach rental market. Low maintenance, high tenant appeal, and excellent location make it a rare find. Don’t miss this cash-flowing asset! Contact the listing agent for pro forma, rent rolls, and details. Measurements approximate; buyer to verify.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1956
Lot:
No Data
Heating:
Electric / Window/Wall
Price/sqft:
$487
Cooling:
Ceiling Fan(s) / Electric / Wall/Window Unit(s) / Zoned
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,287,500
$534K – $1.5M
Confidence Low
List vs. estimate
$412K above estimate
List $1,700,000 · +32.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$486
+2.4% vs. city median $475
Based on
5 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $318K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$18,497
2025
Pool
In Ground
Parking
5 spaces
All facts and features
  • Flooring

    • Tile

    Heating

    • Electric

    • Window/Wall

    Cooling

    • Ceiling Fan(s)

    • Electric

    • Wall/Window Unit(s)

    • Zoned

  • Property

    • Exterior Features: Exterior Lights

    Other Property Information

    • Parcel Number: 02-32-10-011-0790

    • Zoning: 3900

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $18,497

  • Source details

    • MLS ID: A12039498

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Pool Features: In Ground / Equipment Stays

    • Window Features: Clear Impact Glass / Complete Impact Glass / High Impact Windows / Impact Glass

    • Other Structures: Extra Building/Shed

    • Architectural Style: Attached

    • Living Area: 3492

    • Water Source: Municipal Water

    • Subdivision Name: ISLE OF NORMANDY MIAMI VI

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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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: EXP Realty LLC