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8135 Crespi Boulevard, Miami Beach, FL 33141

$1,630,000
Property Type: Residential Income Square Footage: 3,510 Status: Active
Current Price: $1,630,000 List Date: 2/04/2026 Last Modified: 7/13/2026

Overview

Description

This exceptional waterfront multifamily property is ideally located in prime Miami Beach, offering residents highly desirable coastal living with direct proximity to the water. The building consists of five (5) 1-bedroom, 1-bathroom units, all of which are fully occupied, providing immediate and stable cash flow.The property is currently generating $8,300 in monthly rental income, presenting investors with strong in-place revenue and long-term investment stability. Its premier waterfront location offers tenants convenient access to Miami Beach’s renowned beaches, parks, dining, shopping, and entertainment, while still maintaining a quiet and desirable residential atmosphere.With its irreplaceable waterfront setting, strong occupancy, and location within one of South Florida’s most sought-after rental markets, this property represents an outstanding opportunity for investors seeking a stable, income-producing asset with long-term appreciation potential.

Listing Details MLS# A11958236

General Property Information

Property Sub Type
Quadruplex
Building Area Main
3510
Living Area Main
3510
Adjusted Area Main
3249
Year Built
1950
Waterfront YN
Yes
Water Frontage Feet
60
Stories Total
Yes
Pool Private YN
No
Parking Total
0

Property Features

Documents Available: Copy Of Lease(s); Deposit - Last Months Rent; Deposit - Security; Deposit Held; Rent Rolls; Service Contracts Flooring: Terrazzo; Tile Structure Type: Multi Family Construction Materials: CBS Cooling: Wall/Window Unit(s) Heating: Natural Gas; Separate Meters Listing Terms: Cash; Conventional Possession: Close Of Escrow Roof: Flat; Tile Sewer: Public Sewer Tax Information: City/County Utilities: Cable Available Water Access: None Waterfront Features: Canal Front Showing Requirements: 24 Hour Notice; Appointment Only Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
1600000

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
8135
Street Name
Crespi
Street Suffix
Boulevard
City Name
Miami Beach
Municipal Code
2
State Or Province
FL
Postal Code
33141
Postal Code +4
1544
Postal Zip
33141
Subdivision Name
BISCAYNE BCH SUB
Area
2320
Elementary School
Biscayne Beach
Middle Or Junior School
Miami Beach Nautilus
High School
Miami Beach
Parcel Number
0232020082150
Subdivision Number
8
Zoning
3900
Flood Zone
AE

Financial Information

Tax Annual Amount
19203
Tax Year
2025
Tax Legal Description
2-3 53 42 BISCAYNE BEACH SUB PB 44-67 LOT 18 BLK 9 LOT SIZE 50.000 X 115
Estimated Monthly Assoc Recurring Fee
0

Status Change Information

Major Change Timestamp
2026-07-13T21:34:11Z
Major Change Type
Price Change
Price Change Timestamp
2026-07-13T21:34:11Z
Status Change Date
2026-02-03

More Information

Price Calculations

Current Price To SqFt
464.38

Section Details

Parcel Number MLX
2150

Originating Details

Originating System Key
426297802
Originating System ID
M00000151

Office/Member Information

DXORIGMLSID
SEF

Flooring

Terrazzo
Yes
Tile
Yes

Documents Available

Copy Of Lease(s)
Yes
Deposit - Last Months Rent
Yes
Deposit - Security
Yes
Deposit Held
Yes
Rent Rolls
Yes
Service Contracts
Yes

Structure Type

Multi Family
Yes

Possession

Close Of Escrow
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes

Heating

Natural Gas
Yes
Separate Meters
Yes

Water Access

None
Yes

Construction Materials

CBS
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Roof

Flat
Yes
Tile
Yes

Waterfront Features

Canal Front
Yes

Cooling

Wall/Window Unit(s)
Yes

Showing Requirements

24 Hour Notice
Yes
Appointment Only
Yes

Tax Information

City/County
Yes

Acreage Description

1/4 To Less Than 1/2 Acre Lot
Yes
IDX
Listing Office: Silmar Realty
Last Updated: July - 13 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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