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790 81St St Miami Beach, FL 33141

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Pending
$2,250,000

Miami Beach 10-unit building near the beach, fully rented.

Lot size:
0.13 Acres

Property Features for 790 81St St

General Information

Property type
Commercial
Standard status
Pending
Lot size
0.13 Acres

Building Details

Year built
1958

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Listing Contact
Michael Maakar
Michael Maakar
Source: Elliman

Listing Agent: Michael Maakar

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

North Beach Multifamily Investment Opportunity

Located in the northern part of Miami Beach, 790 81st Street is a two-story multifamily building constructed in 1958. The property contains 10 units, all large one-bedroom apartments, and is fully rented. Situated on the south side of 81st Street and the north side of Collins Avenue, it is located a few blocks from the beach in North Beach. The building encompasses 8,446 square feet of air-conditioned space, with an average unit size of 720 square feet. A new flat roof was installed in 2023. The 40/50-year re-certification was completed on June 4, 2019. Unit 1 is rented for $1,750, Units 2, 4, 5, 6, 7, and 9 are rented for $1,700, Unit 3 is rented for $1,600, Unit 8 is rented for $1,500 and Unit 10 is rented for $1,450. The property is well-maintained.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Miami Beach
County
Miami-Dade
State
Florida
Longitude
-80.1259
Latitude
25.8619

FAQs

What type of property is this?
Apartment building - Miami Beach 10-unit building near the beach, fully rented.
Where is this apartment building located?
The property is located at 790 81St St Miami Beach, FL.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: - Fully rented 10-unit multifamily building, providing immediate rental income.; - Large one-bedroom units, averaging 720 SF, appealing to a wide range of tenants.; - Prime location in North Beach, Miami Beach, close to Collins Avenue and the beach.
More about this property
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