$1,600,000
0 Beds · 0 Baths · 3655 sqft
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.
Bedrooms
0
Bathrooms
0
Living Area
3655 sqft
Stories
2
Heating
None
Cooling
Central Air
Style
Attached
Roof
Flat Roof With Facade Front
Property Type
Quadruplex
MLS#
538016901
Year Built
1951
Area
Altos Del Mar No 3
Days on Market
13
Monthly Payment
$9,917/mo
Listing courtesy of Compass Florida, LLC
Listing information is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Data last updated 8/11/2026. Listing provided courtesy of the Miami Association of REALTORS® MLS. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the MIAMI Association of REALTORS®.


