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Biscayne Bch Sub

$1,650,000

8031 Hawthorne Ave, Miami Beach, FL 33141

Active
Last Updated: 03/02/2026

4,429 sqft

Building Size

4

Units

Details:
Building Size:    4,429 sqft
Units:    4
Year Built:    1947
Floors:    2
Parking Spots:    1
Gross Leaseable Area:    4,429
Highlights:
  • Lot Features: Less Than 1/4 Acre Lot
  • Documents Available: Financial Statement, Investment Analysis, Rent Rolls, Existing Survey
  • Architectural Style: Attached
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Window/Wall
  • Construction Materials: CBS Construction
Description:

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

Map:
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