8135 Crespi Blvd, Miami Beach FL 33141 | Miami-Dade County | A11958236
- $1,585,000
- $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
Frequently Asked Questions
How many units does the property have?
Is the property occupied, and what is the current rental income?
What is the location like, and how close is it to the water?
What is the asking price for the property?
What is the building's total living area and year built?
Have a question about this Miami Beach listing?
Talk directly with Christopher Lazaro, your Miami Beach real estate advisor. No pressure — real answers.
Address
Open on Google Maps-
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
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
Property Tax
-
Home Insurance
-
PMI
-
Monthly HOA Fees