Anac Global Realty
Listed by Anac Global Realty
$1,795,000
Miami Beach 8 Unit Multifamily
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,765
Units 8
Cap Rate 7.00%
Occupancy 87.5%
Price per SqFt $377
Broker Co-Op No
Class B
Buildings 1
Stories 2
Investment Type Stabilized
Income Producing with value add available
Marketing description
Rarely available 8-unit multifamily asset positioned in one of Miami Beach's most sought-after corridors. This value-add opportunity offers investors the chance to acquire an income-producing property with significant upside potential. The property features a stable existing tenant base with below-market rents — providing immediate runway to increase NOI upon lease turnover or strategic repositioning. With Miami Beach's consistently low vacancy rates and strong rental demand driven by year-round tourism, a growing professional population, and limited new multifamily supply, the fundamentals supporting rent growth remain exceptionally compelling. Contact listing agent for an updated Offering Memorandum.
Listing Contacts
Anac Global Realty
Listed by Anac Global Realty
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Zoning
RM-1 ResidentialMulti FamilyResidential Multifamily Low Intensity
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View all 29 uses
View all 29 uses Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics
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