Commercial Sale · Income/MultiFamily
, MIAMI BEACH, FL, 33139
Active413 days on marketListed Jun 5, 2025MLS #A11816528
About this property
The property at a glance
Property Features • Income producing property • Modern appliances and buildout • Diverse unit mix • Charming art deco architecture • Opportunity to increase rents • Secure access • Private courtyard Location Features • Prime South Beach location • High walking score • Great proximity to public transportation • Historic district appeal • Strong rental demand
11,200
Building sq ft
$571
Price / sq ft
8,000
Lot sq ft
1925
Year built
3900
Zoning
Income/MultiFamily
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$31,705/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask John to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
34,406
Population
$63,368
Median income
42.1
Median age
1.73
Avg household
$480,500
Median home value
$1,745/mo
Median rent
2,435
Households w/ kids
Your team
The pros in your corner
Your agent
John Carpenter
CFO/Broker · CENTURY 21 Edge
Tours, offers, and every question about — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for .
See it in person
Schedule a tour
Live availability from John's calendar — pick a time and it's booked.
Keep looking
Similar properties nearby
Listing courtesy of E. L. S. Realty Corp. · Edward Schmidt. MLS #A11816528.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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