Rich Homes of Florida is pleased to present 835 83rd Street,a legal 6-unit apartment building ideally located in one of Miami Beach’s most desirable neighborhoods. Just a short walk to the beach and the expansive 36-acre North Shore Open Space Park, this property offers an unbeatable combination of lifestyle and long-term value. The building features spacious 1-bedroom / 1-bath units,with 3,652 sq.ft,5,650 sq ft of land,Gross annual rental Income of $118,800 and $248,333 per unit. Washer and dryer on site. Every unit is equipped with NEW electrical systems, individual hot water heaters, and wall A/C units. The 40-Year Recertification was completed in 2026, providing peace of mind and reduced future capital exposure. An exceptional Value-Add Opportunity with strong rental demand and proximity to Surfside, Bal Harbour Shops, dining, and transportation.
| MLS # | A12014422 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1951 |
| Days On Site | 111 |
| Listing Provided By | Rich Homes of Florida | Joseph Torregrossa |
| SQ Feet | 3,652 |
|---|---|
| Story(s) | 1 |
| Zoning | 3900 |
| Lot Features | Less Than Quarter Acre |
|---|
| Tax Annual Amount | 18555 |
|---|
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami Beach |
| Zip Code | 33141 |
| Area | 32 |
| Community Name | BISCAYNE BEACH 3RD ADDN PB |
| Listing VS Median (in BISCAYNE BEACH 3RD ADDN PB) | |
Price: $1,490,000 low | high Med: $1,490,000 sqft: 3,652 low | high Med: 3,652 $ / sqft: $408 low | high Med: $408 On site: 111 low | high Med: 111 | |
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami Beach |
| Zip Code | 33141 |
| Area | 32 |
| Community Name | BISCAYNE BEACH 3RD ADDN PB |
| Listing VS Median (in BISCAYNE BEACH 3RD ADDN PB) | |
Price: $1,490,000 low | high Med: $1,490,000 sqft: 3,652 low | high Med: 3,652 $ / sqft: $408 low | high Med: $408 On site: 111 low | high Med: 111 | |