Two-Story Multifamily with
For Sale
Contact for pricing
2855 Royal Palm Ave, Miami Beach, FL 33140
Operating multifamily building with four 2-bedroom units and two studios, central AC, wood floors, and limited on-site parking.
Property Size3,920 SF
Lot Size0.18 Acres
Days on Market125
Property Features for 2855 Royal Palm Ave
General Information
Standard status
Active
Size
3,920 SF
Total Parking Spaces
3
Lot size
0.18 Acres
Property subtype
Multifamily
Additional Details
Multifamily Units
6
Building Details
Year Built
1930
Listing Agency:
Porosoff Group
(305) 209-8866
Listed By:
Arthur Porosoff · License #3160379
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 22 at 12:13PM
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 Porosoff Group
Investment Insights
Based on property information with market context.
2855 Royal Palm Avenue is a two-structure multifamily property with a total of four 2-bedroom, 1-bath units and two studio units. The primary building is a two-story layout with the four 2-bedroom units, and a separate two-story building contains the two studios. The primary building features central A/C units, wood floors, and large open floorplans.
The property includes three parking spots on the south side, along with street parking along the edge of the property. It is located just south of the Julia Tuttle Causeway and right off Arthur Godfrey Road. A foot bridge is within walking distance, leading to the Atlantic Ocean and the Faena district, and the property is described as about a 15-minute walk to Lincoln Road Mall and the Miami Beach Convention Center.
The property includes three parking spots on the south side, along with street parking along the edge of the property. It is located just south of the Julia Tuttle Causeway and right off Arthur Godfrey Road. A foot bridge is within walking distance, leading to the Atlantic Ocean and the Faena district, and the property is described as about a 15-minute walk to Lincoln Road Mall and the Miami Beach Convention Center.
Key Highlights
- Operating multifamily building with 4 two‑bedroom/1‑bath units and 2 studios
- Built in 1930 on an 8,038 SF lot with 3,920 SF of rentable space
- Two‑story layout: 4 two‑bedroom units in the primary building; 2 studios in a second two‑story structure
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
2,936
Businesses Nearby
Explore this area
Business Placement
Demographics for 33140, FL
19,315
Population
16,000
Households
1.2
Avg Household Size
46
Median Age
62%
College-Educated
93%
High-School Grad
3.1 sq mi
ZIP Area
6,231
Density / Sq Mi
$103,898
Median Household Income
$65,708
Median Earnings
$2,020
Median Rent
$863,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Operating multifamily building with four 2-bedroom units and two studios, central AC, wood floors, and limited on-site parking.
Where is this apartment building located?
The property is located at 2855 Royal Palm Ave Miami Beach, FL.
What are key features of this property?
This property features: Operating multifamily building with 4 two‑bedroom/1‑bath units and 2 studios; Built in 1930 on an 8,038 SF lot with 3,920 SF of rentable space; Two‑story layout: 4 two‑bedroom units in the primary building; 2 studios in a second two‑story structure
