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Prime South Beach Income Property with Art Deco Charm

Income-producing multifamily featuring modern upgrades and a private courtyard in Miami Beach's historic district.

$6,400,000

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MLS #A11816528

Listing Updated: 2026-07-16 18:41:29

Listed By: E. L. S. Realty Corp.

Overview

This income-producing multifamily property in Miami Beach offers a rare blend of classic Art Deco architecture combined with modern appliances and buildouts. Located in a prime South Beach location, it features a diverse unit mix, secure access, and a private courtyard enhance the appeal for tenants. The property benefits from high walkability and strong rental demand typical of this vibrant historic district. With the potential to increase rents, it presents a compelling opportunity for buyers seeking a blend of character and location convenience in one of South Florida’s most sought-after neighborhoods.

Property Highlights

Income-producing multifamily with diverse units, modern upgrades, secure access, private courtyard, prime South Beach location, historic district, strong rental demand, and potential rent growth.

Property Details

City: Miami Beach

State: FL

Zip Code: 33139

Address:

Year Built: 1925

Property Type: Commercial Sale

Property Sub Type: Income/MultiFamily

Listing Office Name: E. L. S. Realty Corp.

County: Miami-Dade County

Garage Spaces:

Parking Features:

Interior Features:

Exterior Features:

Waterfront: No

Pool: No

HOA Fee: $0

Annual Tax: $33,196

Days On Market: 366 Days

Original Listing Description

Property Features • Income producing property • Modern appliances and buildout • Diverse unit mix • Charming art deco architecture • Opportunity to increase rents • Secure access • Private courtyardLocation Features • Prime South Beach location • High walking score • Great proximity to public transportation • Historic district appeal • Strong rental demand

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

About This Neighborhood

Situated in Miami Beach's iconic South Beach neighborhood, this property benefits from historic charm and urban vibrancy. The area is known for its lively atmosphere, close proximity to cultural landmarks, and access to pleasant outdoor spaces. Residents enjoy an enriching lifestyle where architectural heritage meets contemporary urban living, making it an attractive location for tenants and investors alike.

Walkability & Lifestyle

One of the highlights of this South Beach property is its exceptional walkability score. Residents and tenants can easily access a variety of restaurants, boutique shopping, and entertainment venues on foot. Proximity to public transportation further enhances mobility, allowing convenient exploration of Miami Beach and the broader metropolitan area without reliance on a vehicle.

Things To Do Nearby

Living in South Beach means having a wealth of activities nearby. From strolling the beach and dining at trendy eateries to enjoying vibrant nightlife and local cultural events, there is something to suit every lifestyle. Outdoor enthusiasts can explore local parks or visit marinas, while the historic district provides a unique backdrop for everyday life.

Nearby Schools

Families considering this location will appreciate access to reputable schools within the greater Miami Beach area. The neighborhood's urban setting offers convenient transportation options for students, making it easier for families to connect with educational institutions while enjoying city living close to the beach.

Why Buyers Like This Area

Buyers are drawn to this property for its blend of historic Art Deco charm and modern convenience within a prime Miami Beach location. The combination of a secure, well-maintained multifamily property and proximity to South Beach’s dynamic amenities appeals to both investors and future residents. The strong rental demand and potential for rent growth add further incentive for those seeking a competitive edge in this thriving market.

Investment Potential

This multifamily property in Miami Beach stands out due to its location within the bustling South Beach historic district, an area known for consistent rental demand. The combination of modernized units and classic Art Deco design makes it appealing to a diverse tenant base. While rental growth potential exists, the property’s secure access and private courtyard add value and tenant appeal in this competitive market. Buyers interested in income properties will appreciate the strong demographics and year-round demand typical of Miami Beach's vibrant neighborhoods.

Market Trends

The Miami Beach multifamily market continues to show resilience, particularly within the South Beach historic district. Demand for rental units remains strong, driven by the area's appeal to professionals and seasonal residents. With ongoing interest in well-maintained properties that offer modern amenities combined with unique architectural character, this property is positioned well within current market dynamics.

Rental Income Potential

This multifamily property’s diverse unit mix caters to a broad renter demographic, which supports consistent occupancy. Its location in a high-demand rental market like South Beach, coupled with secure access and desirable amenities such as a private courtyard, enhances its rental appeal. While rental rates in this area generally trend upward, potential buyers should consider market fluctuations and seasonal demand in their planning.