Commercial Sale · Income/MultiFamily
709 83rd St, Miami Beach FL 33141, MIAMI BEACH, FL, 33141
Active120 days on marketListed Apr 15, 2026MLS #A12001730
About this property
The property at a glance
Portfolio sale with 660 85th St – Listed at $3,700,000. Well-maintained 9-unit multifamily building in Miami Beach’s Biscayne Beach area. Built in 1990, this 4-story concrete construction property offers approximately 11,880 SF on a 5,650 SF lot. The building features 9 fully occupied units, providing immediate rental income. Includes central A/C and durable concrete block construction. Prime location just minutes from the beach, shopping, dining, and transit. Zoned 3900 (Multifamily 2–9 units). Strong investment opportunity in a high-demand rental market.
11,880
Building sq ft
$236
Price / sq ft
11,880
Lot sq ft
1990
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
$15,317/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. 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 Anthony 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
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
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.
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.
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.
Seeking peace and well-being through meditation, gratitude and spirituality.
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.
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 709 83rd St
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$4,650,000
7805 NE Bayshore Ct, Miami FL 33138
Sold Sep 30, 2025
$1,940,000
6838 Abbott Ave, Miami Beach FL 33141
Sold Jan 2, 2025
$875,000
6856 Abbott Ave, Miami Beach FL 33141
Sold Sep 19, 2025
Your team
The pros in your corner
Your agent
Anthony Richardson
REALTOR® · CENTURY 21 Edge
Tours, offers, and every question about 709 83rd St — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 709 83rd St.
See it in person
Schedule a tour
Live availability from Anthony's calendar — pick a time and it's booked.
Keep looking
Similar properties nearby
Listing courtesy of Beachfront Realty Inc · Marilina Apfelbaum. MLS #A12001730.
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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