Multifamily – 6,960 SF in Miami Beach, FL – Oversized Double Lot with Recent Upgrades

Category: Multifamily

Price:$3,999,999

Location: Miami Beach, FL

Year Built: 1949

Days on Market: 98

Description:

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.

12-unit multifamily on an oversized double lot in North Beach featuring over $300K in recent upgrades, with value-add upside and proximity to beach

Listing Code: 1153500648