- MLS® #: A11965940
- 800 85th St
- Miami Beach, FL 33141-1112
- $3,850,000
- Business
NEW
- MLS® #: A12037045
- N/a
- Miami Beach, FL 33139-2342
- $4,250,000
- Business
1535 West Ave is an exceptionally rare, fully gut-renovated multifamily asset in the heart of South Beach. Simply put, the Property represents one of the most comprehensively upgraded Art Deco multifamily offerings currently available in this highly sought-after market. In addition, a sister property located at 733 Michigan Avenue—comprised of 10 similarly renovated units—is available for acquisition either individually or as part of a portfolio, providing investors with immediate scale and operational efficiencies. Ownership has invested over $800,000 to transform the Property into a best-in-class rental asset, featuring high-end, condo-quality finishes throughout. 1535 West Ave consists of four (4) 2-bedroom / 1-bathroom units averaging $3,140 in current rents and four (4) 3-bedroom / 2-bathroom units averaging $4,463, all secured under 12-month leases. Given the level of renovation and unit finishes, the asset is well-positioned for a potential future condominium conversion, offering an additional monetization pathway. Strategically located at the epicenter of South Beach, the Property benefits from immediate proximity to the area’s premier demand drivers, including Lincoln Road, Ocean Drive, Collins Avenue, and Washington Avenue. South Beach remains one of the most supply-constrained multifamily submarkets in the United States, with significant barriers to entry and enduring global appeal.
View Virtual TourEssential Information
- MLS® #A12037045
- Price$4,250,000
- CAD Dollar$6,030,125
- UK Pound£3,217,900
- Euro€3,709,834
- Bathrooms0.00
- Year Built1950
- TypeBusiness
- Sub-TypeMulti Family
- StatusActive
Community Information
- AddressN/a
- Area32
- CityMiami Beach
- CountyMiami-Dade
- StateFL
- Zip Code33139-2342
Interior
- # of Stories2
- StoriesTwo
- Office: Cbre, Inc.
N/a on www.jupiteroceanfronthomes.us
Offered at the current list price of $4,250,000, this home for sale at N/a features bedrooms and 0 bathrooms. This real estate listing is located in of Miami Beach, FL 33139-2342 . N/a is listed under the MLS ID of A12037045 and has been on the Miami Beach real estate market for 7 days.Facts About Miami Beach, FL
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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