Property profile & analytics
300 76Th St Miami Beach, FL 33141
- Hospitality properties
- 21,408 SF
OFF-MARKET
Value Estimation
Location Intelligence
Current Use by Public Records
- Hospitality properties
Property Details for 300 76Th St
- Year built
- 1958
- Property size
- 21,408 SF
- Property type
- Hospitality properties
- Property subtype
- Hotels
Description
This exceptional 30-unit multifamily investment portfolio, located in Miami Beach's desirable North Beach neighborhood, presents a compelling value-add opportunity. Comprising three buildings totaling 21,408 square feet on a 16,800 square foot lot, this property offers significant upside potential. Currently boasting 100% occupancy with all 30 units (10 studios and 20 one-bedroom apartments) under month-to-month leases, immediate rent increases are feasible. The asking price is $7,300,000, translating to $340.99 per square foot and $243,333.33 per unit. The current NOI is $196,117, yielding a 2.69% cap rate
Value Estimation
Powered by Realmo proprietary methodology
Last update: July 3, 2025
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miami Beach
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.1222
- Latitude
- 25.8611
