660 85th St, Miami Beach, FL 33141

Building Details

Year built

1989

Architectural style

Other

Listing agent Marilina Apfelbaum License #0662372 Show Phone

Listing office Beachfront Realty Inc r***@gmail.com 18205 Biscayne Blvd Ste 2205, Miami Beach, FL Show Phone

Listing date Jun 25, 2026

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MLS# A12001732 Listing URL

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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Overview

660 85th St is a four-story Art Deco-style multifamily building containing 12 apartment units. The property features elevator service, central AC, and private balconies for the units, along with covered gated parking. Two units are currently vacant, creating immediate leasing activity potential, and the building is described as 83% occupied based on in-place performance at the time of listing.

The property is located in the Biscayne Point / North Beach submarket of Miami Beach. The listing notes proximity to the Atlantic Ocean and North Beach Oceanside Park, along with nearby retail and redevelopment activity including Ocean Terrace. The offering is also presented as part of an option for multi-property acquisition with 709 83rd Street.

From an operating standpoint, the current gross income is listed at approximately $242,700 annually, with in-place rents described as approximately 30–40% below market. The remarks also project stabilized upside to approximately $288,300 gross income and an estimated NOI around $167,174, with the narrative focused on lease-up and rollover rather than major capital improvements. This configuration may be of interest to buyers seeking a boutique, amenity-forward rental building with units available for new occupancy.

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Miami Beach

County

Miami-Dade

State

Florida

Longitude

-80.1259

Latitude

25.8619

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FAQs

What type of property is this?

Apartment building - Boutique 12-unit, four-story building with elevator service, central AC, private balconies, and gated covered parking.

Where is this apartment building located?

The property is located at 660 85th St Miami Beach, FL.

What is the asking price?

The asking price for this property is $3,700,000.

What are key features of this property?

This property features: 12‑unit boutique multifamily building built in 1989; 83% occupied with 2 vacant units for immediate lease‑up; Four‑story Art Deco‑style building with elevator service and central AC