North Beach Miami Apartment
For Sale
$5,225,000
420 78th St, Miami Beach, FL 33141
Renovated 23-unit apartment building with income potential in Miami Beach.
Property Size7,821 SF
Lot Size0.13 Acres
Days on Market280
Property Features for 420 78th St
General Information
Standard status
Active
Size
7,821 SF
Lot size
0.13 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$66,145
Building Details
Building Size
7,821 SF
Year Built
1940
Listed By:
Kamy Gamal
(954) 470-5736
Source:
Elliman
Added: Nov 28, 2025
Changed: Aug 27
Last Checked: Sep 1 at 9:55PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kamy Gamal
Investment Insights
Based on property information with market context.
This is a renovated three-story apartment building located in North Beach, Miami Beach, Florida. The property contains 23 units. There is potential to increase rental income. The property may have an assumable mortgage with a low interest rate. The units are currently occupied.
Key Highlights
- Assumable Mortgage at incredibly low rate.
- Room to raise rents and capitalize more income!
- Beautiful Renovated 3 story apartment building with little work to be done.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,084
Businesses Nearby
Explore this area
Business Placement
Demographics for 33141, FL
35,995
Population
21,793
Households
1.7
Avg Household Size
44
Median Age
44%
College-Educated
91%
High-School Grad
2.3 sq mi
ZIP Area
15,650
Density / Sq Mi
$64,457
Median Household Income
$36,899
Median Earnings
$1,739
Median Rent
$434,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Renovated 23-unit apartment building with income potential in Miami Beach.
Where is this apartment building located?
The property is located at 420 78th St Miami Beach, FL.
What is the asking price?
The asking price for this property is $5,225,000.
What are key features of this property?
This property features: Assumable Mortgage at incredibly low rate.; Room to raise rents and capitalize more income!; Beautiful Renovated 3 story apartment building with little work to be done.
