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815 W 39th St, Miami Beach FL 33140

Multi-family For Sale
$2,400,000

BTC: 37.50000000

ETH: 1,333.33333333

170 days
0 room(s)
3,474 sqft

Overview

A boutique 4-unit multifamily property located in the highly desirable Mid- Beach neighborhood of Miami Beach. Nestled just steps from the waterways, 41st Street commercial corridor, and some of Miami Beach’s most prestigious residential enclaves, the property offers a rare opportunity to acquire a well-maintained asset in a supply-constrained, high-barrier-to-entry submarket. The building features four oversized, updated units with modern finishes, private entrances, and functional layouts ideal for long-term tenants, furnished rentals, or flexible-stay configurations. Its central Mid-Beach location provides quick access to the beach, Mount Sinai Medical Center, top schools, restaurants, and major thoroughfares connecting to Brickell, Wynwood, and Miami International Airport. With strong in-place income, stable demand drivers, and multiple operational paths—including traditional rentals, furnished rentals, or potential short-term/ seasonal use where permitted—815 W 39th Street represents an attractive, low-management investment opportunity in one of Miami Beach’s most stable and historically resilient residential markets.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1938
Lot:
No Data
Heating:
Central
Price/sqft:
$691
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,450,000
$999K – $2.2M
Confidence Low
List vs. estimate
$950K above estimate
List $2,400,000 · +65.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$690
+52.0% vs. city median $454
Based on
11 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $2.2M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$26,623
2025
Parking
2 spaces
All facts and features
  • Heating

    • Central

    Cooling

    • Central Air

  • 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: A11931087

    Other facts

    • Construction Materials: Concrete Block Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Detached

    • Living Area: 3474

    • 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.
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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: Compass Florida, LLC