- MLS® #: A11982586
- 835 83rd St
- Miami Beach, FL 33141-1396
- $1,580,000
- Business
Rarely available 8-unit multifamily asset positioned in one of Miami Beach's most sought-after corridors. This value-add opportunity offers investors the chance to acquire an income-producing property with significant upside potential. The property features a stable existing tenant base with below-market rents — providing immediate runway to increase NOI upon lease turnover or strategic repositioning. With Miami Beach's consistently low vacancy rates and strong rental demand driven by year-round tourism, a growing professional population, and limited new multifamily supply, the fundamentals supporting rent growth remain exceptionally compelling. Contact listing agent for an updated Offering Memorandum.
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Over the past 20 years, no American beach has generated as much buzz as the one that hugs Ocean Drive in Miami Beach. Fringed with palms, backed by Art Deco architecture and pulsating with urban energy, South Beach is the place to stretch out.
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