This income producing property includes two renovated buildings in Miami Beach with furnished one & two bedroom apartments, licensed for short term rentals and currently leased on an NNN basis to an operating company. A future owner can choose to keep the operating company in place, enjoying steady income not subject to occupancy fluctuations, or instead operate under own management. The remodeled 9 units offer fully equipped kitchens & bathrooms as well as central AC. The property consists of two separate folios and is located on a double corner lot at 6th Street and Michigan Avenue in the heart of South Beach, close to the 5th Street Mall and the new Five Park residential tower & City park. Ocean Drive, the beach as well as the exclusive South of Fifth neighborhood are just blocks away, making this an extremely attractive location for visitors and short term tenants. Zoning is CPS2 commercial - residential mix used - FAR 2,which allows further development up to 20,000 Sq/Ft. Please ask us for proposed design renderings.
PRIME NORTH BEACH INVESTMENT OPPORTUNITY! Rare chance to own a 4-unit multifamily property in one of Miami Beach’s most exciting and rapidly evolving neighborhoods. This two-story property features two 2-bedroom/1-bath units and two 1-bedroom/1-bath units, offering an attractive mix for rental income and long-term appreciation. Located just blocks from the beach, dining, shopping, and everything North Beach has to offer, the property sits in an area experiencing significant redevelopment and continued investment. Situated on an expansive lot with excellent value-add potential, the property may offer opportunities for future expansion, including a private pool, guest house, or up to two additional approximately 800-SF units, subject to zoning, permitting, and City approval. Buyers must independently verify all redevelopment and expansion possibilities with the City of Miami Beach. Whether you’re looking to generate rental income, expand your portfolio, reposition the property, or capitalize on the continued growth of North Beach, this is an opportunity with tremendous upside in a highly desirable Miami Beach location. LOCATION, INCOME & FUTURE POTENTIAL — all just blocks from the ocean! Contact Listing Agents !
Charming 4 Unit Gated Building located in the Heart of Mid Miami Beach. 3909 Garden Ave is situated on a corner lot and is comprised of 4 Recently renovated 2 Bedrooms Units. Full of natural light, these renovated 2 bedroom, 2 bathroom residences have been highly sought after rental units and have historically rented fairly quickly and always at the current full asking price. Featuring a bohemian-chic aesthetic with modern finishes, these apartments includes stainless steel appliances, built-in closets, central AC, and an in-unit washer/dryer. Just under a mile from the beach and Mount Sinai Medical Center, with quick access to I-195, the location offers premiere convenience and lifestyle. Enjoy the privacy of boutique living while being minutes from all that Miami Beach has to offer. Great opportunity to own an income generating asset in one of the strongest performing markets of Miami Beach.
Great location! Fantastic Turn-Key Investment Opportunity. We are pleased to present a Beautifully renovated and fully furnished Fourplex in the Art Deco historic district of South Beach. Minutes to the beach, Collins Ave, Washington Ave, Ocean Dr & Alton Rd. 4 individual units with separate Mini Split A/C's. Updated electrical panels and the roof was renovated in 2024 with a 5 year warranty till 2029. The building and floors got a fresh coat of paint in 2025. Fully Fenced in with updated security system. Attn Investors: Strong Financials with low maintenance costs provides a strong NET ROI for this turn key property. Square footage of individual units is estimated/approximate. Buyer is advised to independently verify all sq ft measurements.
Amazing Opportunity - Prime investment. Owner Financing Available (5.9% Interest). Beautiful large living w/ dining & nice sized bedrooms. Wide canal w/gorgeous views. 60 Year Recertification. Updated electric / Plumbing. 10 Parking Spaces. 2 boat slips. Building approximately 5,000 sq ft. Beautifully landscaped. (4) 2 bed/2 bath apartments. 2 on each floor. Washer/Dryer in 3 of the 4 units. Washer / dryer on site for 4th unit (not in unit). 10 Parking spaces (in tandem 5 x 2). New roof, impact windows & doors, Juliet balconies, Terrace, & wood decks on water. Excellent Opportunity to turn into Large single family home on the water with 10 Bedrooms / 10 Bathrooms !!!!
DEVELOPERS & INVESTORS—Rare opportunity to acquire two adjacent four-unit multifamily properties at 1784 and 1794 Normandy Drive in Miami Beach. Offered together for $2,750,000 the properties comprise eight (8) existing rental units on approximately 12,500 SF of combined land with approximately 100 feet of frontage in desirable Normandy Isle. The assemblage provides immediate income with compelling long-term redevelopment potential. Preliminary conceptual planning indicates the site may accommodate approximately 12 contemporary townhouses configured as two six-unit modules, subject to verification of zoning, FAR, parking, historic classification and all required City approvals. The properties are located within the RM-1 multifamily district and North Beach National Register Conservation District Overlay. An excellent opportunity to renovate, hold for income or explore a boutique residential redevelopment. See attachments for Conceptual development study. No development plans or unit count are approved or guaranteed. Buyer must conduct independent due diligence with the City of Miami Beach. Please do not disturb tenants.
DEVELOPERS & INVESTORS—Rare opportunity to acquire two adjacent four-unit multifamily properties at 1784 and 1794 Normandy Drive in Miami Beach. Offered together for $2,750,000 the properties comprise eight (8) existing rental units on approximately 12,500 SF of combined land with approximately 100 feet of frontage in desirable Normandy Isle. The assemblage provides immediate income with compelling long-term redevelopment potential. Preliminary conceptual planning indicates the site may accommodate approximately 12 contemporary townhouses configured as two six-unit modules, subject to verification of zoning, FAR, parking, historic classification and all required City approvals. The properties are located within the RM-1 multifamily district and North Beach National Register Conservation District Overlay. An excellent opportunity to renovate, hold for income or explore a boutique residential redevelopment. See attachments for Conceptual development study. No development plans or unit count are approved or guaranteed. Buyer must conduct independent due diligence with the City of Miami Beach. Please do not disturb tenants.
**Best priced fourplex in Miami Beach !! ** Excellent INCOME GENERATING -FOURPLEX - Current annual income: $104,000 TOTALLY REMODELED in 2020 and Offers 4 units : 2 units are 2/1 and 2 units are 1/1 all occupied with long term tenants. Rivals NEW CONSTRUCTION and all units rented with 12 months leases. All units feature Washer and Dryer in unit and newer central A/C & heat, impact glass windows and doors and 4 separate electric meters. All stainless steel new appliances and beautiful ceramic floors . Walk to the community POOL, Normandy Shores Golf Course and the BEACH! Situated in a high demand rental area 40 year re -certification in 2020 * New roof in Feb 2026. PLEASE DO NOT BOTHER THE TENANTS*
Exceptional investment opportunity in North Beach, one of Miami Beach's fastest-growing and most dynamic neighborhoods. This two-story multifamily property features a versatile four-unit configuration with two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units. Just blocks from the beach, the property is ideally positioned in the center of a major revitalization, with 13 new development projects transforming the area and significant city investment enhancing infrastructure, public spaces, and long-term value. The expansive lot offers outstanding value-add and redevelopment potential. There is ample space to add a private pool, a guest house, or up to two additional approximately 800-square-foot units, subject to zoning, permitting, and city approval. Buyers are encouraged to conduct their own due diligence and verify all development possibilities with the City of Miami Beach. Whether you're seeking immediate rental income, future appreciation, or expansion opportunities, this property presents a rare chance to invest in one of Miami Beach's most promising and rapidly evolving neighborhoods.
535 73rd Street is an 8-unit multifamily property located in the heart of North Beach, Miami Beach, consisting of eight oversized 1-bedroom/1-bath units. The property has been extensively renovated with open-concept kitchens, real hardwood flooring, full hurricane impact windows and doors, and a new roof installed in 2023, while also featuring a private garden, gated keypad entry, and on-site laundry. With a history of 100% occupancy and collections, long-term credit-checked tenants, and on-site management, the asset provides stable in-place cash flow and efficient operations. Positioned just steps from the beach and approximately 20 minutes from Downtown Miami, with convenient access to major transportation corridors, shopping, dining, and entertainment, the property represents an exceptional investment opportunity in one of South Florida's strongest rental markets.
Prime four-unit multifamily property in North Beach neighborhood. The building features 2 units 2/2 baths & 2 units 2/1 bath. Wall A/C units. Washer & Dryer on site. The 40-year recertification was competed in 2026. Located a few blocks from the beach, Collins Ave, shopping and first-class restaurants. perfect for investors seeking for stable income.
CORTE REAL ESTATE, as exclusive advisor, is pleased to present the opportunity to acquire 730 14th Place, a truly irreplaceable, fully gut-renovated multifamily asset located directly across from Flamingo Park in the heart of South Beach. Rarely does an investor have the opportunity to acquire a property that combines the character and charm of classic Miami Beach architecture with the infrastructure, systems, and finishes of effectively new construction. Following an extensive renovation program exceeding $1,300,000, ownership has repositioned the Property into a best-in-class rental asset with virtually every major component upgraded or replaced. The Property consists of 12 residential units, including (6) one-bedroom units, (2) two-bedroom units, and (4) studio apartments, all finished to a standard rarely seen in the South Beach multifamily market. The units are currently leased under 12-month agreements with average rents of approximately $3,100 per month, providing immediate in-place cash flow while preserving future rental upside.
This is one of the best locations in Miami Beach for Developers, extraordinary Property walking distance to Beaches and Miami attractions. great Tenants meanwhile you decide your new project. This area is also full of restaurants and shops. Don't miss this one.
Unique investment opportunity featuring a package of 6 fully furnished studio residences at Castle Beach Club, located directly on the ocean in the heart of Miami Beach’s prestigious Millionaire’s Row. This income-producing portfolio includes units 1730, 1232, 1424, 928, 724, and 1203, offering exceptional flexibility for short-term rentals, vacation stays, or Airbnb operations with no rental limitations. The building offers resort-style amenities including beachfront access, swimming pool, fitness center, valet parking, and on-site conveniences, all just minutes from South Beach, Lincoln Road, and Bal Harbour Shops. Strong rental demand and Miami Beach’s year-round tourism make this an attractive opportunity for investors seeking immediate cash flow and future value appreciation.
Rare opportunity to acquire one of Miami Beach’s most unique income-producing assets. Ideally located in the heart of the Flamingo Park Historic District, this exceptional fourplex combines immediate cash flow, historic significance, and outstanding long-term investment potential. Built in 1921, the property is officially recognized as a historic Contributing Building, preserving the architectural charm and character that make Miami Beach one of the country’s most desirable destinations. Situated on an oversized 6,580 SF lot with approximately 2,558 SF of living area, the property features four residential units, including two spacious 2-bedroom apartments—a rare feature in South Beach that enhances rental appeal and income potential. The property’s unique configuration offers an additional strategic advantage. While preserving its historic front structure, the rear portion of the site may present future value-add opportunities, subject to buyer verification and approval by the City of Miami Beach. This combination of historic character and future flexibility is rarely available. Just blocks from the beach, Flamingo Park, Lincoln Road, renowned restaurants, cafés, shopping, entertainment, and cultural attractions, the property enjoys strong rental demand in one of South Florida’s most desirable neighborhoods. An exceptional opportunity for investors seeking stable income, long-term appreciation, and a truly distinctive Miami Beach asset.
Excellent investment opportunity in the heart of Miami Beach. This four-unit multifamily property is located at 1730 Marseilles Drive and consists of four 1-bedroom, 1-bathroom apartments with separate electric meters and strong rental demand in the area. One unit has been recently updated with a brand-new bathroom, while the property has been maintained over the years with A/C units ranging from approximately 1 to 5 years old. A significant benefit for investors is that the property has already completed its 40-Year Recertification, providing added peace of mind and reducing concerns about major compliance requirements. Ideally situated near beaches, shopping, dining, parks, schools, major roadways, and public transportation, this property offers convenience for tenants and long-term upside for investors. The building features a functional layout, on-site parking, and a desirable location within one of South Florida’s most established rental markets. Whether you are looking to expand your portfolio, complete a 1031 exchange, or acquire a value-add asset with income potential, this property presents an attractive opportunity in Miami Beach. Centrally located with easy access to Downtown Miami, South Beach, Bal Harbour, and Miami International Airport. Multifamily opportunities in this area are limited, making this a compelling option for investors seeking stable demand and future appreciation potential.
Seller Financing Available. Competitive 4.73% Cap rate. Discover this exceptional turnkey four-plex investment opportunity in the highly desirable Normandy Isles neighborhood of Miami Beach. Just moments from the beach, intracoastal waterways, parks, schools, supermarkets, and vibrant dining, this well-maintained 1950s-era building offers strong rental demand and immediate income with upside potential. The property includes four spacious units: two 1BR/1BA (796 sq ft each) and two 2BR units (one 2/2 and one 2/1, each ~950 sq ft). All units are fully remodeled featuring, new appliances, brand-new bathrooms, premium flooring, new impact windows, new water heaters, and efficient mini-split AC systems. Modern kitchens, extra-large living/dining areas, ample closets, and private terraces with pool access complete the appeal. Tenants enjoy premium shared amenities: a beautifully renovated pool, lush and modern landscaping, onsite laundry room, and 5 dedicated parking spaces. All city-required certifications and inspections are up to date with nothing pending—ready for seamless ownership. This solid concrete-block building is perfect for investors seeking stability in a proven Miami Beach rental market. Low maintenance, high tenant appeal, and excellent location make it a rare find. Don’t miss this cash-flowing asset! Contact the listing agent for pro forma, rent rolls, and details. Measurements approximate; buyer to verify.
RARE MID-BEACH INVESTMENT GEM! Turnkey, 100% occupied boutique 4-unit asset spanning 3,474 SQ FT in Miami Beach’s most prestigious, high-barrier submarket. Surrounded by $5M+ luxury villas, this property features four oversized, fully renovated 2BR/2BA units showcasing sophisticated European-style finishes, private entrances, central AC, and in-unit washers & dryers. Designed for premium indoor/outdoor living in an A-rated school district near Mount Sinai & the 41st St corridor. Steps from the beach, dining, and major thoroughfares to Brickell & MIA. Strong, stable in-place income with versatile operational paths: premium long-term leases, furnished corporate housing, or seasonal use where permitted. Low-management, blue-chip property in Miami Beach’s most resilient rental market. Easy to manage, impossible to replicate.
Prime multifamily investment opportunity in the sought-after Normandy Isle neighborhood of Miami Beach. This well-maintained 5-unit building sits on a 6,662 SF lot and offers strong income potential with a favorable unit mix including three 1BD/1BA units, one 2BD and 1BA and one spacious 1BD/2BA penthouse residence. Ideally positioned near Normandy Park, community pool, local dining, cafés, shopping, and everyday conveniences, with easy access to Biscayne Boulevard, North Beach, and major transit routes. The property benefits from consistent rental demand driven by its central location and walkability.Excellent opportunity for investors seeking stable cash flow with future upside in one of Miami Beach’s most established rental submarkets. Fifth unit is located on 2nd floor and rented for $2000.
PARKEDGE – Fully Renovated 6 UNIT South Beach Multifamily Investment. Rare opportunity to own a turnkey income property with Six 1-bed/1-bath units on Meridian Avenue, directly across from Flamingo Park in the heart of Miami Beach. This Art Deco building features six fully renovated units including 2 loft-style residences and 4 one-bedroom/one-bath apartments. Currently 100% occupied with strong rental upside as in-place rents remain below current market rates. All tenants hold annual leases providing stable income. Gut renovated building with all-new plumbing, electrical, HVAC systems, roof, and impact windows. Brazilian Cherrywood and wood flooring flows through every unit complemented by granite and quartz countertops. Upper-level units feature soaring cathedral-style ceilings. Stainless steel appliances, designer cabinetry, and in-unit washer/dryers complete the condo-level finishes. Situated near Lincoln Road, Española Way and 4 blocks to the beach, residents enjoy immediate access to Flamingo Park featuring 17 tennis courts, aquatic center, and tropical grounds. The building is surrounded by South Beach's finest dining, Art Basel, and world-class entertainment in one of Miami Beach's most famous neighborhoods. The building has completed its 40/50-year structural certification. Contact for complete financials, rent roll, and private showing.
711 Lenox Avenue, operating as Bars Hotel, is a fully-licensed, turnkey 8-room boutique Bed & Breakfast in the heart of Miami Beach's Art Deco Historic District. Built in 1934 and comprehensively renovated in 2013, the Spanish Colonial Revival property has earned a 14-year track record of guest acclaim, including the #1 Bed & Breakfast in Miami Beach on TripAdvisor. The asset sits on a 7,500 SF lot inside one of the world's most photographed neighborhoods, an 11-minute walk to the Atlantic, and within blocks of Lincoln Road, Ocean Drive, Flamingo Park, and the Miami Beach Convention Center. A rare combination of historic significance, an active hotel license, and immediate income — supported by a Miami Beach hospitality submarket forecast to deliver 8.6% RevPAR growth in 2026.
This exclusive and private residence gives you the opportunity to enjoy luxury in a prime location without the hassle of high rise living. Very low Maintenance fees. Two independent units 6 and 7 that are adjacent that combined will give 4 bedrooms, 4.5 baths, 2 private rooftop terraces, 2 cover parking spaces in a complex of only 7 townhouses. This 2 Modern South Beach Tri-level townhomes loft style can be combined for a total of 2890 sq feet. Currently generating $12,500 per month of income. Soaring 28 ft ceilings. Secure complex with only 7 Townhouses . White porcelain plank floors, stained concrete floors throughout respectively. Bright open living space, high Impact windows and doors. Unbeatable location within 2 blocks to the shopping center on Alton Rd and 5th Ave. Walk to Flamingo Park, the Beach, Lincoln Road, shops, restaurants. Publix, Total Wine and Whole Foods 2 small blocks away.
OPPORTUNITY TO PURCHASE FIVE PRIVATELY OWNED APARTMENTS ON THW WATER GREAT LOCATION BEST MID-BEACH LOCATION
Rare investment NO condo fee opportunity to acquire three oversized 2 bedroom, 2 bathroom residences in a boutique four unit building showcasing classic 1947 Miami Modern (MiMo) architecture corner property on West Avenue Reflecting the clean lines, abundant natural light, and indoor outdoor living concepts that defined postwar Miami Beach design, each just under 1,200 square foot residence offers expansive living spaces, large dine in kitchens, private front and rear entrances On site 1 parking space per unit, and a flexible sun drenched Florida room framed by signature banks of windows, ideal for a home office, dining, or additional living space. Each unit is a corner unit two are top Floor one is 1st floor. Communal garden at the rear offering great potential. The property offers strong investor appeal. Improvements completed, include a 10 year old roof, 40 year recertification, impact windows throughout, updated electrical and plumbing, tankless water heaters, and central AC in each. A comparable unit within the building recently leased for $3,150/month, supporting strong rental demand. Two of the units rented below market value are currently occupied on month to month; one unit is vacant, creating immediate upside potential for an investor or owner occupant. Located just minutes from the beach, parks, cafés, restaurants, and shopping, this is a compelling opportunity . Units may be available for individual sale. Showings by appointment only with 24hr notice.
Boutique 18 Miami Beach – Fully renovated 12-unit licensed hospitality property located steps from the beach and the east end of Lincoln Road in the heart of Miami Beach’s rapidly evolving Collins Park district. Renovated in 2015 and currently operated as a boutique hotel under a master lease structure generating stable in-place income. Positioned near luxury hotels, the Convention Center, Collins Avenue, Ocean Drive, and major lifestyle destinations driving year-round tourism demand. The surrounding area is undergoing over $4 billion in luxury residential, hospitality, retail, and infrastructure investment, further strengthening long-term value and hospitality demand. Existing hotel licensing in place with operational upside through direct hospitality management and revenue optimization. Offering Memorandum available upon request.
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Miami Beach is located in Florida. Miami Beach, Florida has a population of 83,469. Miami Beach is less family-centric than the surrounding county with 25.05% of the households containing married families with children. The county average for households married with children is 27.22%.
The median household income in Miami Beach, Florida is $59,162. The median household income for the surrounding county is $57,815 compared to the national median of $69,021. The median age of people living in Miami Beach is 41.7 years.
The average high temperature in July is 88.9 degrees, with an average low temperature in January of 60.1 degrees. The average rainfall is approximately 59.2 inches per year, with 0 inches of snow per year.
