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8-Unit Studio Apartment Building
For Sale
$3,500,000

7420 Carlyle Avenue, Miami Beach, FL 33141

Two-story multifamily building with studio residences, recent painting, and a double-lot configuration.

Property Size4,572 SF
Price / SF$765.53
Days on Market174

Property Features for 7420 Carlyle Avenue

General Information

Standard status Active
Size 4,572 SF
Property subtype Multi-family
Lease Term []

Units

Unit Mix 8 x studio
Multifamily Units 8

Building Details

Year Built 1948
Stories 2
Listing Agency: Enchanted Homes Realty,LLC.
Listed By: Lourdes Paonessa · License #0703196
Source: Onesothebysrealty
Added: Mar 13 Changed: Aug 30 Last Checked: Aug 31 at 7:42PM

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 Enchanted Homes Realty,LLC.

Investment Insights

Based on property information with market context.

Located at 7420 Carlyle Avenue in Miami Beach, this two-story apartment building contains 8 studio units within 4,572 square feet. Constructed in 1948, the property combines terrazzo flooring on the first level with wood flooring upstairs, providing distinct finishes across the building.

The building has been recently painted and sits on a double lot. Railing modifications are being made for Fire Department compliance. The property is offered in as-is condition.

Key Highlights

  • 8 studio units in a two‑story apartment building
  • 4,572 square feet on a double lot
  • Terrazzo flooring on the 1st floor and wood flooring on the 2nd floor

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Dental Office Food Market Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

2,174
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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-story multifamily building with studio residences, recent painting, and a double-lot configuration.
Where is this apartment building located?
The property is located at 7420 Carlyle Avenue Miami Beach, FL.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 8 studio units in a two‑story apartment building; 4,572 square feet on a double lot; Terrazzo flooring on the 1st floor and wood flooring on the 2nd floor
More about this property
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