Search
North Beach Miami Apartment Building
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 Market325

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
Source: Elliman
Added: Nov 28, 2025 Changed: Oct 14 Last Checked: Oct 19 at 8:30AM

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

Rey
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.

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

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Location Intelligence

Trade Area within ½ mile

2,084
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?
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.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again