Renovated Four-Unit
2120 Biarritz Dr, Miami Beach, FL 33141
For Sale
$1,700,000
Residential Income, Miami Beach, FL
Property Size3,492 SF
Price / SF$486.83
Days on Market116
Property Features for 2120 Biarritz Dr
General Information
Property type
Property subtype
Zoning description
Bedrooms
Full bathrooms
Rooms
Parking
Exterior features
Subdivision
Lot features
Directions
Standard status
APN
Size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
pool
landscaping
onsite laundry
Building Details
Year built
Floors in Building
Flooring type
Building materials
Roof type
Architectural style
Buildings
Listing Agency:
EXP Realty LLC
(888) 883-8509
Listed By:
Enrique Metauten · License FL #3276257
(786) 553-9199
Added: Jul 18
Changed: Nov 10
Last Checked: Nov 10 at 7:06PM
MLS# A12039498
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1956, this 3,492-square-foot concrete-block quadplex contains four remodeled apartments. Two units have one bedroom and one bathroom, with 796 square feet each. The other two are approximately 950 square feet: one has two bedrooms and two bathrooms, and the other has two bedrooms and one bathroom. Updates include appliances, bathrooms, flooring, impact windows, water heaters, and mini-split air conditioning. The apartments also feature modern kitchens, large living and dining areas, closets, and private terraces with pool access.
Shared property features include a renovated pool, landscaped grounds, an on-site laundry room, and five dedicated parking spaces. Public water and sewer service the property. The stated cap rate is 4.73%.
Shared property features include a renovated pool, landscaped grounds, an on-site laundry room, and five dedicated parking spaces. Public water and sewer service the property. The stated cap rate is 4.73%.
Key Highlights
- Four apartments in a 3,492‑square‑foot concrete‑block building, built in 1956
- Two 1BR/1BA apartments at 796 sq ft each
- Two approximately 950‑square‑foot apartments: one 2BR/2BA and one 2BR/1BA
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,188
Cap Rate
3.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,083,760
$1.1M
Cap Rate 7%
$774,114
$774.1K
Cap Rate 9%
$602,089
$602.1K
Market Conditions
NOI Build-Up for 3,492 SF
Gross rent
$105.6K $30.24/SF
− Vacancy
−$7.1K −$2.03/SF
EGI
$98.5K $28.21/SF
− OpEx
−$44.3K −$12.70/SF
NOI
$54.2K $15.52/SF
Area
Miami-Dade County, FL
Vacancy
6.70%
Lease Rate
$30.24 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,083,760
Cap Rate 7%
$774,114
Cap Rate 9%
$602,089
Alternative Uses
Best Use
Apartment 5plus
$774.1K
$677.4K – $903.1K
NOI $54,188 @ 7.0% cap · market cap 3.19%
Second Best
Multifamily LT 5
$585.7K
$512.5K – $683.3K
NOI $40,997 @ 7.0% cap · market cap 2.41%
Theoretical Best
Office A
$1.91M
$1.67M – $2.22M
NOI $133,483 @ 7.0% cap · market cap 7.85%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,024
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
$434,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Quadplexes in Miami Beach, FL
Properties on Market for Quadplexes in Miami Beach
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Shared amenities include a renovated pool, on-site laundry, and dedicated parking.
Where is this quadplex located?
The property is located at 2120 Biarritz Dr Miami Beach, FL.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Four apartments in a 3,492‑square‑foot concrete‑block building, built in 1956; Two 1BR/1BA apartments at 796 sq ft each; Two approximately 950‑square‑foot apartments: one 2BR/2BA and one 2BR/1BA
