7805 Crespi Blvd Miami Beach, FL 33141

This exceptional multifamily investment opportunity presents two waterfront buildings situated on the Tatum Waterway in the desirable Biscayne Point neighborhood of Miami Beach, directly across from Crespi Park. The property boasts a total of twelve units, offering a diverse mix of floor plans to cater to a wide range of tenants. Building 7805 comprises two studios, two two-bedroom/one-bathroom units, and two three-bedroom/two-bathroom units. Building 7815 features one one-bedroom/one-bathroom unit, one one-bedroom-plus-den/one-bathroom unit, three two-bedroom/two-bathroom units, and one two-bedroom-plus-den/two-bathroom unit. The buildings were constructed in 1956 and are two stories high. One building features a recently replaced roof, while the other is currently undergoing roof replacement. This prime location offers unparalleled convenience, with close proximity to the pristine beaches of Miami Beach and the upscale shops and restaurants of Bal Harbour. The property benefits from its proximity to various amenities, including nearby restaurants, plazas, and shopping centers. This is a rare chance to acquire a well-positioned, waterfront multifamily property in a highly sought-after area of Miami Beach. The asking price for this twelve-unit complex is $5,190,000. This represents a significant investment opportunity in a thriving market.