This exceptional waterfront multifamily property is ideally located in prime Miami Beach, offering residents highly desirable coastal living with direct proximity to the water. The building consists of five (5) 1-bedroom, 1-bathroom units, all of which are fully occupied, providing immediate and stable cash flow.
The property is currently generating $8,300 in monthly rental income, presenting investors with strong in-place revenue and long-term investment stability. Its premier waterfront location offers tenants convenient access to Miami Beach’s renowned beaches, parks, dining, shopping, and entertainment, while still maintaining a quiet and desirable residential atmosphere.
With its irreplaceable waterfront setting, strong occupancy, and location within one of South Florida’s most sought-after rental markets, this property represents an outstanding opportunity for investors seeking a stable, income-producing asset with long-term appreciation potential.
The property is currently generating $8,300 in monthly rental income, presenting investors with strong in-place revenue and long-term investment stability. Its premier waterfront location offers tenants convenient access to Miami Beach’s renowned beaches, parks, dining, shopping, and entertainment, while still maintaining a quiet and desirable residential atmosphere.
With its irreplaceable waterfront setting, strong occupancy, and location within one of South Florida’s most sought-after rental markets, this property represents an outstanding opportunity for investors seeking a stable, income-producing asset with long-term appreciation potential.
Property Details
Price:
$1,600,000
MLS #:
A11958236
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
BISCAYNE BCH SUB
Neighborhood:
biscaynebchsub
Listed Date:
Feb 3, 2026
Finished Sq Ft:
3,510
Total Sq Ft:
3,510
Year Built:
1950
See this Listing
Schools
Interior
Cooling
Wall/Window Unit(s)
Flooring
Terrazzo, Tile
Heating
Gas
Exterior
Architectural Style
Detached
Construction Materials
CBS Construction
Roof
Flat Tile
Financial
Tax Year
2025
Taxes
$19,203
Map
Community
- Address8135 Crespi Blvd Miami Beach FL
- SubdivisionBISCAYNE BCH SUB
- CityMiami Beach
- CountyMiami-Dade County
- Zip Code33141
Subdivisions in Miami Beach
Market Summary
Current real estate data for Multi Family in Miami Beach as of Mar 15, 2026
53
Multi Family Listed
175
Avg DOM
2,146
Avg $ / SqFt
$2,934,080
Avg List Price
Property Summary
- Located in the BISCAYNE BCH SUB subdivision, 8135 Crespi Blvd Miami Beach FL is a Multi Family for sale in Miami Beach, FL, 33141. It is listed for $1,600,000 To schedule a showing of MLS#a11958236 at 8135 Crespi Blvd in Miami Beach, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.
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