Multifamily Apartment Complex – 6 Units in Miami Beach, FL – Value-Add Opportunity

Category: Multifamily

Price:$1,580,000

Location: Miami Beach, FL

Year Built: 1951

Days on Market: 58

Description:

Rich Homes of Florida is pleased to present 835 83rd Street, a 6-unit apartment building ideally located in one of Miami Beach’s most desirable neighborhoods. Just a short walk to the beach and the expansive 36-acre North Shore Open Space Park, this property offers an unbeatable combination of lifestyle and long-term value. The building features spacious 1-bedroom / 1-bath units, each with generous closet space. Washer and dryer on site. Every unit is equipped with NEW electrical systems, individual hot water heaters, and wall A/C units. The 40-Year Recertification was completed in 2026, providing peace of mind and reduced future capital exposure. An exceptional Value-Add Opportunity with strong rental demand and proximity to Surfside, Bal Harbour Shops, dining, and transportation.

6 unit apartment complex . all 1 bedroom/1 bath .Value add opportunity.

Listing Code: 1155337608