835 83rd St, Miami Beach, FL 33141

$1,490,000

• Built 1951

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.

Listing courtesy of Rich Homes of Florida.