625 75th Street is a fully modernized, two-story, six-unit multifamily asset situated on a 5,500 SF parcel in the North Beach submarket of Miami Beach. Comprising 3,400 adjusted square feet, the property features an efficient unit mix of four 1-bedroom/1-bathroom units and two studio residences. The building has undergone substantial… Read More capital expenditures, including complete upgrades to both the electrical and plumbing systems, along with full-building hurricane impact windows and doors, minimizing near-term deferred maintenance for incoming ownership.Zoned RM-1 (Residential Multifamily, Low Density) under the Miami Beach Land Development Code, the property provides immediate cash flow stability backed by high tenant retention and severe local rental housing supply constraints. Positioned within walking distance to the beach, the North Beach Oceanside Park, and major transit corridors connecting to mainland Miami, the asset represents a turnkey, low-maintenance holding for 1031-exchange investors or private capital seeking insulated coastal real estate fundamentals. Read Less
Courtesy of Fausto Commercial Realty Consultants Inc, Antonio Saladrigas, 786-748-7373.
Listing Snapshot
Days Online
66
Last Updated
Property Type
Multi Family
Square Ft.
3,400
Lot Size
0.13 Acres
Year Built
1951
MLS Number
A12074389
30 Days Snapshot Of 33141
$614k
0%
(avg) sold price
0
-100%
homes sold
126
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1951, Toal building area: 3400
Lot
0.13 acres
Property
Zoning: 3900
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