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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.
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 | Number of Properties | 2 |
| Price / SF | $529.11 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 17,300 SF |
| Status | Active | Total Land Area | 0.27 AC |
| 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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Biscayne Point Buildings
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