Date
Details
Price
Change
Source
8/03/2026
Listed
$2,750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/26
$2,750,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/26
Property Description
Prime 8-Unit Multifamily Investment Opportunity in Miami Beach! Exceptional income-producing property featuring eight 1-bedroom, 1-bathroom units in one of Miami Beach's most desirable rental markets. Currently 7 of 8 units are occupied, providing immediate cash flow with one vacant unit offering instant value-add potential. Built in 1951, the property offers 6,336 SF of improvements on a 7,680 SF lot with RM-1 Multifamily Low Intensity zoning and 8 assigned parking spaces. Ideally located just minutes from the beach, world-renowned dining, shopping, entertainment, and major employment centers, this asset benefits from strong year-round rental demand and a thriving workforce demographic. A rare opportunity for investors seeking stable income with future upside in a premier Miami Beach location. Do not disturb tenants. Showings by appointment only.
Full Property Details
Full Property Details for 345 85th St
General
- Price: $2,750,000
- Status: Active
- Type: Commercial Multi-Family
- Source: Greater_Miami
- MLS ID: A12064481
- Updated: 8/3/2026
- Added to Site: 36 day(s) ago
Business
- Business Type: Commercial/Residential Income, Residential-Multi-Fa
Interior
- Flooring: Tile
Additional Information
- Security/Safety: Smoke Detector(s)
Parking
- Total Spaces: 8
- Parking Features: Assigned
Location
- County: Miami-Dade County
Community
- Units Assoc/Comm: 8
Heating & Cooling
- Heating Type: Wall/Window Units
Utilities
- Sewer: Public Sanitation
- Water: Public
Structural Information
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Shingle
- Building Size: 6336
- Year Built: 1951
Unit Information
- Units in Complex: 8
Lot Features
- Lot Size (Sq. Ft.): 7,680
- Lot Features: Corner Lot
- Zoning: 3900
Financial Considerations
- Terms: All Cash, Conventional/Refinance
- Tenant Pays: Electricity
Disclosures and Reports
- Special Conditions: Sale
- Documents Avail.: Rent Rolls, Existing Survey
- Legal Description: BEACH BAY SUB PB 44-25 LOT 5 BLK 4 LOT SIZE 60.000 X 128
- Inclusions: Building & Land
- Property ID: 02-32-02-005-0280
Listed by Real Estate Sales Force
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agents
— 345 85th St —
Real Estate Sales Force
Real Estate Sales Force
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 345 85th St
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Biscayne Elementary School, Miami Beach, FL 800 77th Street, Miami Beach, FL 33141 | PK-5 | 0.6 mi |
Nautilus Middle School 4301 N Michigan Ave, Miami Beach, FL 33140 | 6-8 | 3.9 mi |
Miami Beach Senior High School 2231 Prairie Avenue, Miami Beach, FL 33139 | 9-12 | 4.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 345 85th St
Tax History
Tax History for 345 85th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$30,001
6%
$1,569,240
-5%
2024
$28,309
12%
$1,653,984
16%
2023
$25,331
22%
$1,419,915
32%
2021
$20,695
-8%
$1,071,813
-12%
2022
$22,448
8%
$1,223,789
—
2021
$20,695
7%
$1,225,413
27%
2019
$19,342
17%
$963,050
-9%
2018
$16,463
-8%
$1,058,092
-13%
2017
$17,917
3%
$1,211,692
70%
2016
$17,393
25%
$712,420
10%
2015
$13,887
8%
$647,655
10%
2014
$12,852
18%
$588,778
10%
2013
$10,885
—
$535,253
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 345 85th St
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Condo
- Active
- Updated 4 hours ago
- 1Bed
- 1Total Bath
- 641Sq. Ft.
- Condo
- Active
- Updated 5 days ago
- 2Beds
- 2Total Baths
- 1,804Sq. Ft.
- Condo
- Active
- Updated 1 day ago
- 2Beds
- 3Total Baths
- 1,470Sq. Ft.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Condo
- Active
- Updated 6 days ago
- 2Beds
- 2Total Baths
- 1,030Sq. Ft.
- Condo
- Active
- Updated 18 hours ago
- 1Bed
- 1Total Bath
- 738Sq. Ft.
- Condo
- Active
- Updated 21 hours ago
- 1Bed
- 1Total Bath
- 738Sq. Ft.
- Condo
- Active
- Updated 1 day ago
- 1Bed
- 1Total Bath
- 825Sq. Ft.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Duplex
- Closed
- Updated 6 days ago
- 1,784Sq. Ft.
Sold by Josefina Delgado Team
345 85th St, Miami Beach, FL 33141 (MLS# A12064481) is a Commercial Multi-Family property. 345 85th St is currently listed for $2,750,000 and was received on August 03, 2026. Want to learn more about 345 85th St? Do you have questions about finding other Commercial Multi-Family real estate for sale in Miami Beach? You can browse all Miami Beach real estate or contact a Coldwell Banker agent to request more information.