CENTURY 21 Edge
Income/MultiFamily

Commercial Sale · Income/MultiFamily

$3,850,000$3,999,9996,960 sq ft$553 /sq ft

800 85th St, Miami Beach FL 33141, MIAMI BEACH, FL, 33141

Active169 days on marketListed Feb 24, 2026MLS #A11965940

About this property

The property at a glance

Introducing 800 Biscayne Point, a multifamily investment on an oversized 11,600 SF double lot in Miami Beach’s North Beach neighborhood. The property consists of two buildings totaling 6,960 SF under one folio, offering scale and long-term hold potential in a supply-constrained residential pocket. Over $300,000 in capital improvements completed 2023–2025, including new roof, impact windows and doors, exterior upgrades, landscaping, fencing, and gated entry. 40/50-year recertifications completed. Unit mix is all one-bedroom apartments with renovation upside and one vacant unit creating immediate value-add opportunity. On-site shared laundry. Situated on 85th Street, a direct corridor to beach access, and just west of Biscayne Point.

6,960

Building sq ft

$553

Price / sq ft

11,600

Lot sq ft

1949

Year built

2

Buildings

3900

Zoning

Income/MultiFamily

Property type

Building size6,960 sq ft
Lot size11,600 sq ft
Year built1949
Buildings2
Zoning3900
Business typeApartments
ParkingOn Street
ConstructionConcrete Block Construction · CBS Construction
CoolingWall/Window Unit(s)
HeatingWall/Window Units

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% · $962,500
Interest rate6.00%
Loan term

Estimated payment

$21,001/mo

Principal & interest$17,312
Est. property taxes$3,529
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. Estimates only — taxes at 1.1%/yr and typical insurance; 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 Nicholas 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

The Donovan at Miami BeachLodging0.4 mi
Beachside Apartment HotelLodging0.4 mi
Beach Place HotelLodging0.4 mi
Solara SurfsideLodging0.5 mi
Baltic HotelLodging0.6 mi
Beachside Apartment HotelLodging0.6 mi
Bank of AmericaBank0.7 mi
Seaside Apartment HotelLodging0.7 mi
Maison FelixLodging0.7 mi
MB Playa Hotel and ApartmentsLodging0.7 mi
Four Seasons Hotel at The Surf ClubLodging0.7 mi
M&L Food MarketGrocery0.8 mi
Villa Byron SuitesLodging0.8 mi
Waterside HotelLodging0.8 mi
CitibankBank0.8 mi
CVS PharmacyBank0.8 mi
WalgreensBank0.8 mi
Christal Food StoreGrocery0.8 mi
The Broadmore Miami BeachLodging0.8 mi
Days Inn & Suites Miami / North Beach OceanfrontLodging0.8 mi
Blozzom PizzaRestaurant0.8 mi
Burgers & ShakesRestaurant0.8 mi
Sushi BichiRestaurant0.8 mi
La SandwicherieRestaurant0.8 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 800 85th St

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

6838 Abbott Ave, Miami Beach FL 33141

$1,940,000

6838 Abbott Ave, Miami Beach FL 33141

Sold Jan 2, 2025

7610 Byron Ave, Miami Beach FL 33141

$4,750,000

7610 Byron Ave, Miami Beach FL 33141

Sold Jan 23, 2025

600 79th St, Miami Beach FL 33141

$1,150,000

600 79th St, Miami Beach FL 33141

Sold Jan 27, 2025

Your team

The pros in your corner

Nicholas Giaccone

Your agent

Nicholas Giaccone

Director of Agent Success · CENTURY 21 Edge

Tours, offers, and every question about 800 85th St — start here.

Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for 800 85th St.

See it in person

Schedule a tour

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

Listing courtesy of Compass Florida, LLC · Jesse Spencer. MLS #A11965940.

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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