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7805-7815 Crespi Ave, Miami Beach, FL 33141 7805 Crespi Blvd 12 Unit Apartment Building $6,903,116 CAD ($575,260 CAD/Unit) 4.01% Cap Rate Miami Beach, FL 33141

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INVESTMENT HIGHLIGHTS

  • Close proximity to the beach and Bal Harbour.
  • Waterfront
  • Nearby restaurants, plazas, and shopping options

EXECUTIVE SUMMARY

Two waterfront buildings on Tatum Waterway in Biscayne Point, Miami Beach across from Crespi Park. Property features a total of 12 units, 7805 has two studios; two 2
bedrooms/one bath; and two 3 bedrooms/two baths, 7815 has one 1 bedroom/1 bath; one 1 bedroom plus den/1 bath; three 2 bedrooms/2baths and one 2 bedrooms plus
den/2 baths. One of the buildings has a newer roof and the other is in the process of being replaced. Close proximity to the beach and Bal Harbor. Nearby restaurants,
plazas, and shopping options

PROPERTY FACTS

Price $6,903,116 CAD
Price Per Unit $575,260 CAD
Sale Type Investment
Cap Rate 4.01%
No. Units 12
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.16 AC
Building Size 11,817 SF
Average Occupancy 100%
No. Stories 2
Year Built 1956
Parking Ratio 0.5/1,000 SF
Zoning RM-1 - Residential Multi-Family

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Eat-in Kitchen
  • Refrigerator
  • Oven
  • Views
  • Pantry

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 2 - 1
1+1 2 - 1
2+2 5 - 1
2+1 2 - 1
3+2 1 - 1

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02-3202-008-2440
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,822,259 CAD
  • Listing ID: 38242102

  • Date on Market: 2025-10-28

  • Last Updated:

  • Address: 7805 Crespi Blvd, Miami Beach, FL 33141

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