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Biscayne Bch Sub

$1,600,000

8135 Crespi Blvd, Miami Beach, FL 33141

Active
Last Updated: 02/04/2026

3,510 sqft

Building Size

1950

Year Built

Details:
Building Size:    3,510 sqft
Year Built:    1950
Floors:    1
Gross Leaseable Area:    3,510
Highlights:
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Documents Available: Deposit Held, Deposit - Last Months Rent, Deposit - Security, Copy Of Lease(S), Rent Rolls, Service Contracts
  • Architectural Style: Detached
  • Cooling: Wall/Window Unit(s)
  • Heating: Gas
  • Flooring: Terrazzo, Tile
  • Construction Materials: CBS Construction
Description:

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.

Map:
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