Four-Unit Multifamily
730 84th St, Miami Beach, FL 33141
For Sale
$1,250,000
Residential Income, Miami Beach, FL
Property Size2,464 SF
Price / SF$507.31
Days on Market116
Property Features for 730 84th St
General Information
Property type
Property subtype
Zoning description
Bedrooms
Full bathrooms
Rooms
Subdivision
Lot features
Standard status
APN
Size
Additional Details
Tenant in Place
Individually Metered Utilities
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Sewer type
Heating system
Cooling system
Building Details
Year built
Floors in Building
Flooring type
Architectural style
Listing Agency:
Compass Florida, LLC
(305) 851-2820
Listed By:
Valerie Cuny-Tencanera · License FL #3491095
(310) 529-5065
Added: Jul 18
Changed: Nov 10
Last Checked: Nov 10 at 7:06PM
MLS# A12003735
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 2,464-square-foot quadplex contains four residences: one two-bedroom, two-bath unit and three one-bedroom, one-bath units. The property was built in 1950 and has laminate flooring, wall-furnace heating, and wall or window cooling supplemented by ceiling fans. Updates were completed within the last few years, and the roof is newer.
Each unit has a separate electric meter, while the property is connected to public sewer and has cable availability. The building is fully leased and is located in Miami Beach, with the beach a short drive away. The recorded address is 730 84th St, Miami Beach, FL 33141.
Each unit has a separate electric meter, while the property is connected to public sewer and has cable availability. The building is fully leased and is located in Miami Beach, with the beach a short drive away. The recorded address is 730 84th St, Miami Beach, FL 33141.
Key Highlights
- 2,464 SF quadplex with one 2/2 unit and three 1/1 units
- Fully leased four‑unit property
- Separate electric meters for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,236
Cap Rate
3.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$764,720
$764.7K
Cap Rate 7%
$546,229
$546.2K
Cap Rate 9%
$424,844
$424.8K
Market Conditions
NOI Build-Up for 2,464 SF
Gross rent
$74.5K $30.24/SF
− Vacancy
−$5.0K −$2.03/SF
EGI
$69.5K $28.21/SF
− OpEx
−$31.3K −$12.70/SF
NOI
$38.2K $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%
$764,720
Cap Rate 7%
$546,229
Cap Rate 9%
$424,844
Alternative Uses
Best Use
Apartment 5plus
$546.2K
$478.0K – $637.3K
NOI $38,236 @ 7.0% cap · market cap 3.06%
Second Best
Multifamily LT 5
$413.3K
$361.6K – $482.1K
NOI $28,928 @ 7.0% cap · market cap 2.31%
Theoretical Best
Office A
$1.35M
$1.18M – $1.57M
NOI $94,187 @ 7.0% cap · market cap 7.53%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
776
Businesses Nearby
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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
$434,500
Median Home Value
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Market
Average Price Trend$/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 - Four separately metered residences include one two-bedroom unit and three one-bedroom units, all currently leased.
Where is this quadplex located?
The property is located at 730 84th St Miami Beach, FL.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 2,464 SF quadplex with one 2/2 unit and three 1/1 units; Fully leased four‑unit property; Separate electric meters for each unit
