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Two-Property Quadplex Portfolio
For Sale
$2,650,000

1910 and 1920 Biarritz Dr, Miami Beach, FL 33141

Residential Income, Miami Beach, FL

Property Size5,764 SF
Lot Size13,324.00 Acres
Price / SF$459.75
Days on Market97

Property Features for 1910 and 1920 Biarritz Dr

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning description 3900
Bedrooms 8
Full bathrooms 8
Rooms Bathroom 4, Bathroom 6, Bathroom 5, Bedroom 3, Bathroom 8, Bedroom 6, Bedroom 8, Bedroom 5, Bedroom 2, Bathroom 7, Bedroom 1, Bathroom 3, Bathroom 2, Bedroom 7, Bedroom 4, Bathroom 1
Window features Blinds
Patio and Porch features Patio
Exterior features Balcony, Patio, Room For Pool
Subdivision ISLE OF NORMANDY MIAMI VI
Lot features 1/4 to 1/2 Acre Lot
Standard status Active
APN 02-32-10-002-0960
Size 5,764 SF
Lot size 13,324.00 Acres

Taxes and HOA fees

Tax Year 2022
Tax Description 02-3210-002-0960 AND 02-3210-002-0950
Tax Annual Amount 29486
Legal Description 02-3210-002-0960 AND 02-3210-002-0950

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Central, Wall Furnace
Cooling system Window Unit(s), Central Air, Wall/Window Unit(s)

Building Details

Year built 1948
Floors in Building 2
Flooring type Hardwood, Tile, Wood
Building materials Block
Roof type Shingle
Architectural style Other
Listing Agency: Howard Chase Real Estate, LLC
Listed By: Howard Chase · License #3175255
Added: Jul 18 Changed: Oct 15 Last Checked: Oct 22 at 3:06AM
MLS# A11319397

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This offering combines two contiguous quadplex properties totaling eight residential units. Each apartment is configured as a one-bedroom, one-bath unit, and all units are currently rented. Seven of the eight apartments have been renovated, while both buildings have new roofs. The improvements total 5,764 square feet and were built in 1948, with block construction, patios, balconies, public sewer, and cable availability. Interior systems include a mix of central and wall heating, along with central air and window or wall/window cooling.

The properties are located at 1910 and 1920 Biarritz Dr in Miami Beach’s Normandy Isle, one block from the bay. Normandy Isle Park, a golf course, waterfront residences, Walgreens, Publix, and beach access are identified in the surrounding area. The two lots together cover 13,324 square feet and include room for a pool. The offering can continue as an eight-unit rental property or be evaluated for future redevelopment, subject to design and applicable approvals.

Key Highlights

  • Two contiguous quadplexes with 8 total units
  • All 8 units are 1+1 layouts and fully rented
  • 5,764 square feet across buildings constructed in 1948

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$96,085
Cap Rate
3.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,921,700 $1.9M
Cap Rate 7%
$1,372,643 $1.4M
Cap Rate 9%
$1,067,611 $1.1M
Market Conditions
NOI Build-Up for 5,764 SF
Gross rent
$145.3K $25.20/SF
− Vacancy
−$8.0K −$1.39/SF
EGI
$137.3K $23.81/SF
− OpEx
−$41.2K −$7.14/SF
NOI
$96.1K $16.67/SF
Area
Miami-Dade County, FL
Vacancy
5.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,921,700
Cap Rate 7%
$1,372,643
Cap Rate 9%
$1,067,611

Alternative Uses

Best Use
Multifamily LT 5
$1.37M
$1.20M – $1.60M (±1% cap)
NOI $96,085 @ 7.0% cap · market cap 3.63%
Second Best
Apartment 5plus
$1.27M
$1.11M – $1.48M (±1% cap)
NOI $88,646 @ 7.0% cap · market cap 3.35%
Theoretical Best
Office A
$2.92M
$2.56M – $3.41M (±1% cap)
NOI $204,702 @ 7.0% cap · market cap 7.72%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

1,005
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Eight fully rented one-bedroom units span two buildings, with seven apartments renovated and both roofs recently replaced.
Where is this quadplex located?
The property is located at 1910 and 1920 Biarritz Dr Miami Beach, FL.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: Two contiguous quadplexes with 8 total units; All 8 units are 1+1 layouts and fully rented; 5,764 square feet across buildings constructed in 1948
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