Fred Mullins - Coldwell Banker Logo
Price Reduced Listing
$2,550,000
 $13,689 est/mo Sourced by Back At You

345 85th St,Miami Beach, FL 33141

Miami Beach, FL 33141

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Description

Prime 8-Unit Multifamily Investment Opportunity in Miami Beach! Exceptional income-producing property featuring eight 1-bedroom, 1-bathroom units in one of Miami Beach's most desirable rental markets. Currently 7 of 8 units are occupied, providing immediate cash flow with one vacant unit offering instant value-add potential. Built in 1951, the property offers 6,336 SF of improvements on a 7,680 SF lot with RM-1 Multifamily Low Intensity zoning and 8 assigned parking spaces. Ideally located just minutes from the beach, world-renowned dining, shopping, entertainment, and major employment centers, this asset benefits from strong year-round rental demand and a thriving workforce demographic. A rare opportunity for investors seeking stable income with future upside in a premier Miami Beach location. Do not disturb tenants. Showings by appointment only.

Details

MLS #A12064481
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1951
Days On Site103
Listing Provided ByReal Estate Sales Force | Bryan Ozuna

Features

SQ Feet6,336
Units8
Zoning3900
Acreage7680.00

Exterior

Lot FeaturesFlood Zone

Parking

Parking FeaturesAssigned

Area Information

StateFL
CountyMiami Dade
CityMiami Beach
Zip Code33141
Area32
Listing VS Median (in 33141)
Price:
$2,550,000
low | high
Med:
$8,500
100% of Average
sqft:
6,336
low | high
Med:
1,322
100% of Average
$ / sqft:
$402
low | high
Med:
$6
100% of Average
On site:
103
low | high
Med:
1322
7.791225416036% of Average
Sourced by Back At You

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Additional Information

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Contact

Learn More About This Property

Fred Mullins

Fred G Mullins

Coldwell Banker Schmitt

SL3048048Global Luxury, Commercial (305) 304-5341fredmullinspa1@gmail.com
StateFL
CountyMiami Dade
CityMiami Beach
Zip Code33141
Area32
Listing VS Median (in 33141)
Price:
$2,550,000
low | high
Med:
$8,500
100% of Average
sqft:
6,336
low | high
Med:
1,322
100% of Average
$ / sqft:
$402
low | high
Med:
$6
100% of Average
On site:
103
low | high
Med:
1322
7.791225416036% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $1.912M - $3.187M
sqft: 4,500 - 7,500
Nearby Listings Property ImageNearby Listings Details
8011 Harding Ave Property Photo 1
$2,900,000
8011 Harding Ave
Miami Beach, FL 33141
Listing Updated: November 12, 2026 at 10:13:20 PM PST

Fred Mullins - Coldwell Banker