CENTURY 21 Edge
Income/MultiFamily

Commercial Sale · Income/MultiFamily

$2,500,0008,446 sq ft$296 /sq ft

790 81st St, Miami Beach FL 33141, MIAMI BEACH, FL, 33141

Active269 days on marketListed Nov 20, 2025MLS #A11923577

About this property

The property at a glance

*** SELLER FINANCE AVAILABLE*** A 10-unit multifamily property located in the highly walkable North Beach district of Miami Beach. Built in 1958, this two-story building sits between Hawthorne Avenue and Crespi Boulevard, just steps from the Tatum Waterway and minutes from the ocean. The property offers ten spacious one-bed/one-bath units, each over 700 square feet, with separate electric and gas meters, individual water heaters, and classic Miami Beach charm. While selectively updated, the asset presents strong value-add potential through modernization and rent optimization. The area continues to benefit from significant public and private redevelopment, including the North Beach Town Center District and other large-scale projects driving sustained rent growth and property appreciation. With a stable tenant base, flexible lease structure, and prime location near Collins Avenue, Harding Avenue, the Atlantic Ocean, and North Shore Park, Seven90 Apartments represents an excellent opportunity to acquire a boutique multifamily property combining stability, upside, and long-term investment value in one of Miami Beach’s most desirable rental submarkets.

8,446

Building sq ft

$296

Price / sq ft

5,650

Lot sq ft

1958

Year built

3900

Zoning

Income/MultiFamily

Property type

Building size8,446 sq ft
Lot size5,650 sq ft
Year built1958
Zoning3900
Business typeApartments, Commercial/Residential Income
Annual taxes$30,391

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)

Down payment25% · $625,000
Interest rate6.00%
Loan term

Estimated payment

$13,934/mo

Principal & interest$11,242
Property taxes (actual bill)$2,533
Est. insurance$160

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 Yumiko to connect you with a commercial lender for real numbers.

Where it sits

Location & trade area

2,200vehicles / day · 2025Collins Ave to Collins Ave · Traffic count · Florida DOT

What’s nearby

Beachside Apartment HotelLodging0.3 mi
The Donovan at Miami BeachLodging0.3 mi
Baltic HotelLodging0.4 mi
Beach Place HotelLodging0.4 mi
Beachside Apartment HotelLodging0.4 mi
Maison FelixLodging0.5 mi
MB Playa Hotel and ApartmentsLodging0.5 mi
Seaside Apartment HotelLodging0.5 mi
Blozzom PizzaRestaurant0.6 mi
Walgreens Liquor StoreRetail0.6 mi
Villa Byron SuitesLodging0.6 mi
Waterside HotelLodging0.6 mi
The New HotelLodging0.6 mi
Days Inn & Suites Miami / North Beach OceanfrontLodging0.6 mi
CVS PharmacyBank0.6 mi
Burgers & ShakesRestaurant0.6 mi
M&L Food MarketGrocery0.6 mi
CitibankBank0.6 mi
Ocean Surf HotelLodging0.6 mi
La SandwicherieRestaurant0.6 mi
WalgreensBank0.6 mi
The Broadmore Miami BeachLodging0.6 mi
Christal Food StoreGrocery0.6 mi
TaquizaRestaurant0.6 mi

Business data © OpenStreetMap contributors

The area

Who's around this property

4,470

Population

$100,673

Median income

39

Median age

2

Avg household

$759,450

Median home value

$1,791/mo

Median rent

588

Households w/ kids

Consumer profile

Wealth SignalingTop 12%

Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.

Party LifeTop 22%

The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.

NetworkingTop 38%

Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.

Mindfulness & SpiritualityTop 53%

Seeking peace and well-being through meditation, gratitude and spirituality.

Men's StyleTop 53%

This population is all about finding the latest in men's style - from fashion to grooming. Captures guys looking to stay on trend and significant others assisting with shopping.

Heartfelt SharingTop 54%

This population is characterized by vulnerability. Looking to unload emotional burdens, activities include confessions, apologies, and long-form posts.

Recent sales

What actually sold near 790 81st St

The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.

7805 NE Bayshore Ct, Miami FL 33138

$4,650,000

7805 NE Bayshore Ct, Miami FL 33138

Sold Sep 30, 2025

6838 Abbott Ave, Miami Beach FL 33141

$1,940,000

6838 Abbott Ave, Miami Beach FL 33141

Sold Jan 2, 2025

6856 Abbott Ave, Miami Beach FL 33141

$875,000

6856 Abbott Ave, Miami Beach FL 33141

Sold Sep 19, 2025

Your team

The pros in your corner

Yumiko Sugawara

Your agent

Yumiko Sugawara

REALTOR® · CENTURY 21 Edge

Tours, offers, and every question about 790 81st St — start here.

Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for 790 81st St.

See it in person

Schedule a tour

Live availability from Yumiko's calendar — pick a time and it's booked.

Listing courtesy of Fausto Commercial Realty Consultants Inc · Vicente Rodriguez. MLS #A11923577.

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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