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810 82nd St
Miami Beach, FL 33141
Multifamily Property For Sale
·
4 Units
Investment Highlights
- Prime North Beach Location – Steps from the Beach & Major Redevelopment Corridor
- Passed 40-Year Recertification (2022) – Reduced Capital Expenditure Risk
- Competitive Entry Point at ~$387/SF vs. Surrounding Luxury Projects
- 4-Unit Multifamily (2x 2BR/2BA + 2x 1BR/1BA) – Strong Rental Demand
- Located in “North Beach Renaissance” Area with Major New Developments Nearby
- Ideal Value-Add Investment with Immediate Income & Long-Term Appreciation
Executive Summary
Prime North Beach Quadruplex Investment | 810 82nd St, Miami Beach, FL 33141
This exceptional 4-unit multifamily property is offered at $1,390,000 and represents a rare opportunity to acquire a cash-flowing asset with strong long-term upside in the rapidly appreciating North Beach submarket of Miami Beach.
The property consists of a well-balanced unit mix, including two (2) 2-bedroom / 2-bath units and two (2) 1-bedroom / 1-bath units, totaling approximately 3,596 SF of living space. The building has successfully passed its 40-year recertification in 2022, ensuring compliance with structural and electrical standards and minimizing near-term capital expenditures.
Strategically positioned just steps from the beach, the property benefits from strong rental demand in a high-barrier coastal market. Current market trends show Miami Beach rents averaging approximately $3,200/month, supporting both stable income and future rental growth.
Investment Highlights & Market Positioning:
Located in the heart of the “North Beach Renaissance,” this asset sits within a multi-billion-dollar redevelopment corridor—often described as the “missing link” between Surfside and Mid-Beach luxury markets. The area is experiencing significant transformation, with nearby landmark developments such as 72 Park (22-story luxury tower) and the Ocean Terrace revitalization project, driving long-term value appreciation.
At approximately $387/SF, this property offers a compelling entry point compared to surrounding new luxury developments, where prices often exceed $1M per unit.
Additional Features:
Free street parking available
Walking distance to the beach and North Shore Oceanside Park
Proximity to Bal Harbour Shops, South Beach, and major retail/entertainment corridors
Zoned for reputable schools including Biscayne Elementary and Miami Beach Senior High
This is a rare opportunity to secure an income-producing asset in one of Miami Beach’s fastest-growing neighborhoods, offering both immediate cash flow and significant appreciation potential as the North Beach transformation continues.
This exceptional 4-unit multifamily property is offered at $1,390,000 and represents a rare opportunity to acquire a cash-flowing asset with strong long-term upside in the rapidly appreciating North Beach submarket of Miami Beach.
The property consists of a well-balanced unit mix, including two (2) 2-bedroom / 2-bath units and two (2) 1-bedroom / 1-bath units, totaling approximately 3,596 SF of living space. The building has successfully passed its 40-year recertification in 2022, ensuring compliance with structural and electrical standards and minimizing near-term capital expenditures.
Strategically positioned just steps from the beach, the property benefits from strong rental demand in a high-barrier coastal market. Current market trends show Miami Beach rents averaging approximately $3,200/month, supporting both stable income and future rental growth.
Investment Highlights & Market Positioning:
Located in the heart of the “North Beach Renaissance,” this asset sits within a multi-billion-dollar redevelopment corridor—often described as the “missing link” between Surfside and Mid-Beach luxury markets. The area is experiencing significant transformation, with nearby landmark developments such as 72 Park (22-story luxury tower) and the Ocean Terrace revitalization project, driving long-term value appreciation.
At approximately $387/SF, this property offers a compelling entry point compared to surrounding new luxury developments, where prices often exceed $1M per unit.
Additional Features:
Free street parking available
Walking distance to the beach and North Shore Oceanside Park
Proximity to Bal Harbour Shops, South Beach, and major retail/entertainment corridors
Zoned for reputable schools including Biscayne Elementary and Miami Beach Senior High
This is a rare opportunity to secure an income-producing asset in one of Miami Beach’s fastest-growing neighborhoods, offering both immediate cash flow and significant appreciation potential as the North Beach transformation continues.
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Ceiling Fans
- Tile Floors
Site Amenities
- Fenced Lot
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 2 | $3,549 CAD | 1,098 |
| 1+1 | 2 | $2,630 CAD | 700 |
Property Taxes
| Parcel Number | 02-3202-008-0840 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,152,470 CAD |
Property Taxes
Parcel Number
02-3202-008-0840
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,152,470 CAD
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