8135 Crespi Blvd, Miami Beach FL 33141 | Miami-Dade County | A11958236
  • $1,585,000

Description

This exceptional waterfront multifamily property is ideally located in prime Miami Beach, offering residents highly desirable coastal living with direct proximity to the water. The building consists of five (5) 1-bedroom, 1-bathroom units, all of which are fully occupied, providing immediate and stable cash flow.

The property is currently generating $8,300 in monthly rental income, presenting investors with strong in-place revenue and long-term investment stability. Its premier waterfront location offers tenants convenient access to Miami Beach’s renowned beaches, parks, dining, shopping, and entertainment, while still maintaining a quiet and desirable residential atmosphere.

With its irreplaceable waterfront setting, strong occupancy, and location within one of South Florida’s most sought-after rental markets, this property represents an outstanding opportunity for investors seeking a stable, income-producing asset with long-term appreciation potential.

Property Overview

This waterfront quadruplex at 8135 Crespi Blvd is part of the Biscayne Beach Subdivision in Miami Beach, a well-established area known for its coastal charm and access to the water. The property is a 1950-built multifamily home with a total living area of 3,510 square feet, offering five 1-bedroom, 1-bathroom units. All units are currently occupied, providing a steady monthly income of $8,300. Located just minutes from Miami Beach’s top attractions—beaches, dining, shopping, and entertainment—the property balances a vibrant urban setting with a quiet residential feel. Its direct waterfront access enhances the appeal for tenants and adds to the property’s long-term value. The building is well-maintained and positioned in a market that continues to attract renters year-round. For investors, this is a solid opportunity with strong in-place income and potential for appreciation in one of South Florida’s most in-demand rental markets. If you’re looking for a stable, income-producing property with a prime location and immediate cash flow, this one is worth a closer look. For more details or to schedule a showing, call 305-859-4733.

Frequently Asked Questions

How many units does the property have?

The property is a quadruplex with five (5) 1-bedroom, 1-bathroom units.

Is the property occupied, and what is the current rental income?

Yes, all units are fully occupied, generating a total monthly rental income of $8,300.

What is the location like, and how close is it to the water?

The property is located at 8135 Crespi Blvd, Miami Beach, FL 33141, and offers direct waterfront access, situated in one of Miami Beach’s most sought-after rental markets.

What is the asking price for the property?

The property is listed for $1,585,000.

What is the building's total living area and year built?

The building has a total living area of 3,510 square feet and was built in 1950.

Have a question about this Miami Beach listing?

Talk directly with Christopher Lazaro, your Miami Beach real estate advisor. No pressure — real answers.

  • Address: Crespi Blvd
  • City: Miami Beach
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33141
  • Area: BISCAYNE BCH SUB

Details

Updated on July 6, 2026 at 11:47 pm
  • Property ID A11958236
  • Price $1,585,000
  • Property Size 3510 Sq Ft
  • Year Built 1950
  • Type Quadruplex
  • Property Status Active, Residential Income

Additional details

  • Flooring Terrazzo, Tile
  • Waterfront Features Canal Front
  • Cooling Wall/Window Unit(s)
  • Association Type None
  • Building BISCAYNE BCH SUB
  • Area Biscayne Bch Sub
  • Annual Tax 19203
  • Association No
  • Private Pool No
  • Listing Terms All Cash, Conventional
  • Waterfront Yes
  • Subdivision BISCAYNE BCH SUB
  • Total Stories 1
  • Heating Gas
  • Structure Type Quadruplex, Fourplex
  • Tax Year 2025
  • Construction CBS Construction
  • Building Area 3510
  • Year Built Details Effective Year Built
  • Inclusions None
  • Flood Zone AE
  • New Construction No
  • Style Fourplex
  • Lot Size (Sq Ft) 0

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