Property 345 85th Street, Miami Beach, FL 33141 for sale with MLS# A12064481

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.

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345 85th Street, Miami Beach, FL 33141

Price
Price:
$2,750,000.00
Original List Price:
$2,750,000.00
List Price per Sq Ft (Calculated, Approx.):
$434.02
Lease Details
Tenant Pays:
Electricity, Interior Electric
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Commercial Sale
Property Type:
Multi Family
Description of Last Important Update:
New Listing
Last Major Update on:
August 3, 2026 4:00 am
Measures
Built-Up Area:
6,336 Sqft
Lot Size Acres:
0.18
Property Features
Security:
Smoke Detector(s)
Heating
Heating System:
Window/wall
Construction
Year Built:
1951
Roof:
Shingle
Number of Units Total:
1
Construction Materials:
CBS
Flooring:
Tile, Laminate
Flood Zone Code:
AE
Parking
Parking Total Spaces:
8
Parking Features:
Assigned
Utilities
Sewer:
Public Sewer
Water Source:
Public
Community
Senior Community:
No
Terms
Documents Available:
Rent Rolls, Existing Survey
Listing Terms Considered by Seller:
Cash, Conventional
Zoning and Legal
Tax Legal Description:
BEACH BAY SUB PB 44-25 LOT 5 BLK 4 LOT SIZE 60.000 X 128
Real Estate Folio Number (Parcel Number):
0232020050280
Zoning:
3900
Listing History
Active on the market since:
August 3, 2026
Listing Agreement executed on:
August 3, 2026
Listing Status Last Changed On:
August 3, 2026 4:00 am
Photos updated on:
August 5, 2026 12:43 am
Last Modified:
August 5, 2026 12:43 am
Additional Information
Courtesy of:
Real Estate Sales Force
Attribution:
Not provided
Location
Street Name:
85th
Street Number:
345
City:
Miami Beach
State:
Florida
Zip Code:
33141
County:
Miami-Dade
Latitude:
N25° 52' 12.2''
Longitude:
W81° 52' 35.5''
Street Suffix:
Street
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) 45 Good
☀️ O3 35 Good
🫁 PM2.5 45 Good
Ver la Propiedad Ver la propiedad 345 85th Street, Miami Beach, FL 33141
Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.