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8031 Hawthorne Ave, Miami Beach FL 33141

Multi-family For Sale
$1,650,000

BTC: 25.78125000

ETH: 916.66666667

94 days
0 room(s)
4,429 sqft

Overview

NO SELLER FINANCING. The property consists of 4 units of two bedrooms and one bathroom each. All of them rented at $2,300. There is a garage on the side being used as a storage that could be rented in the future if desire for $1,500 on top of the $110,400 annual income. This property already passed the 40 year in 2019. Elastomeric roof redone in 2025. Biscayne Point fourplex corner lot of 6,215 SQFT. One unit has central A/C, the other three wall units. The buyer could install impact windows update bathrooms and kitchen to increase the rents to $2,600 each. If you decide to developed the city of Miami Beach allows you to go up 5 stories in this island

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1947
Lot:
No Data
Heating:
Window/Wall
Price/sqft:
$373
Cooling:
Central Air / Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,500,000
$1.4M – $2.8M
Confidence Low
List vs. estimate
$150K above estimate
List $1,650,000 · +10.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$372
-18.0% vs. city median $454
Based on
5 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $340K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$17,475
2025
Parking
1 spaces
All facts and features
  • Heating

    • Window/Wall

    Cooling

    • Central Air

    • Wall/Window Unit(s)

    Other interior features

    • Stairs

  • Other Property Information

    • Parcel Number: 02-32-02-008-0460

    • Zoning: 3900

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $17,475

  • Source details

    • MLS ID: A11974158

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Attached

    • Living Area: 4429

    • Water Source: Municipal Water

    • Subdivision Name: BISCAYNE BCH SUB

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: Miami Residential Group