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Investment Highlights

  • -Two Art Deco style buildings in a single transaction
  • North Beach: $200M+ in civic investment, 11.6% annual rent growth, historically low vacancy
  • 21 units with in place GPR of $428,040 with potential of $545,700

Executive Summary

Beachfront Realty is pleased to present this exclusive two-building portfolio in Miami Beach's North Beach submarket. 660 85th Street and 709 83rd Street are offered together as a
single transaction — delivering an investor immediate scale, diversified income, and substantial value-add upside across 21 units in one of South Florida's most supply-constrained
rental markets. Both buildings feature Art Deco-inspired architecture, covered gated parking, and in-place rents running meaningfully below prevailing market rates. With natural lease
rollover driving 40%+ rental upside and no renovation capital required, this portfolio delivers a compelling blend of current income and outsized NOI growth potential.

Property Facts

Price $9,153,625 CAD
Price / SF $529.11 CAD / SF
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 17,300 SF
Total Land Area 0.27 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
660 85th St, Miami Beach, FL 33141 Multifamily 9,300 SF 1989 -
709 83rd St, Miami Beach, FL 33141 Multifamily 8,000 SF 1990 -
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  • Listing ID: 41445364

  • Date on Market: 2026-07-27

  • Last Updated:

  • Address: Biscayne Point Buildings, Miami Beach, FL

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