Quadruplex in 8135 Crespi Boulevard, Miami Beach, FL 33141 for sale with MLS# A11958236

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.

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8135 Crespi Boulevard, Miami Beach, FL 33141

Price
Price:
$1,630,000.00
Original List Price:
$1,600,000.00
List Price per Sq Ft (Calculated, Approx.):
$464.38
Property Status and Type
Listing Type:
For Sale
Status:
Pending (An offer has been accepted)
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Fourplex (Quadruplex)
Description of Last Important Update:
Status Change
Last Major Update on:
September 5, 2026 2:17 am
Measures
Living Area:
3,510 Sqft
Built-Up Area:
3,510 Sqft
Property Features
Waterfront:
Yes
Waterfront Features:
Canal Front, None
Frontage Length:
60
Air Conditioning
Air Conditioning System:
Wall/window Unit(s)
Heating
Heating System:
Natural Gas, Separate Meters, Natural Gas
Construction
Year Built:
1950
Roof:
Flat, Tile
Number of Units Total:
0
Levels:
Two
Construction Materials:
CBS
Flooring:
Tile, Terrazzo
Number of stories:
1
Structure Type:
Multi Family
Flood Zone Code:
AE
Taxes and Expenses
Tax Annual Amount:
$19,203.00
Tax Year:
2025
Property Tax Details:
City/County
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Available
Community
Subdivision Name:
BISCAYNE BCH SUB
Senior Community:
No
Terms
Documents Available:
Rent Rolls, Deposit - Security, Copy Of Lease(s), Deposit Held, Deposit - Last Months Rent, Service Contracts
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
2-3 53 42 BISCAYNE BEACH SUB PB 44-67 LOT 18 BLK 9 LOT SIZE 50.000 X 115
Real Estate Folio Number (Parcel Number):
0232020082150
Zoning:
3900
Public Schools Assigned
Elementary School:
Connerton Elem
High School:
Miami Beach
Middle Or Junior School:
Miami Beach Nautilus
Listing History
Active on the market since:
February 4, 2026
Listing Agreement executed on:
February 3, 2026
Purchase Contract Date:
August 15, 2026
Price change occurred on:
July 13, 2026 9:34 pm
Listing Status Last Changed On:
September 5, 2026 2:17 am
Photos updated on:
September 5, 2026 2:20 am
Last Modified:
September 5, 2026 2:21 am
Additional Information
Courtesy of:
Silmar Realty
Attribution:
Not provided
Location
Street Name:
Crespi
Street Number:
8135
City:
Miami Beach
State:
Florida
Zip Code:
33141
County:
Miami-Dade
Latitude:
N25° 52' 2.3''
Longitude:
W81° 52' 30.6''
Street Suffix:
Boulevard
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $64,457
Median Home Value $434,500
Median Rent $1,739/mo
Median Age 45
Population 36,016

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 30 Good
☀️ O3 30 Good
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Association of REALTORS®
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