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$1,600,000
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Property 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.
Full Property Details
Full Property Details for 8135 Crespi Blvd
General
- Price: $1,600,000
- Taxes: $19,203 (2025)
- Status: Active
- Type: Multi-Family
- Source: Greater_Miami
- MLS ID: A11958236
- Updated: 2/4/2026
- Added to Site: 17 day(s) ago
Rental Information
- Rent Includes: Cable TV, Gas, Hot Water, Gardener
Interior
- Flooring: Terrazzo, Tile
Location
- Area: Biscayne Bch Sub
- County: Miami-Dade County
- Subdivision: BISCAYNE BCH SUB
- Building Name: BISCAYNE BCH SUB
Community
- Community Name: Biscayne Bch Sub
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Gas
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: Detached
- Structure Type: Quadruplex, Fourplex
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Flat Tile
- Stories/Levels: 1
- Building Size: 3510
- Square Feet: 3,510
- Living Area: 3,510 Sq. Ft.
- Year Built: 1950
Lot Features
- Frontage Feet: 60
- Lot Features: 1/4 To Less Than 1/2 Acre Lot
- Zoning: 3900
Water Features
- Water Front: Yes
- Water Front Desc.: Canal Front
Financial Considerations
- Price Per Sq. Ft.: $455.84
- Tax Amount: $19,203
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Documents Avail.: Deposit Held, Deposit - Last Months Rent, Deposit - Security, Copy Of Lease(S), Rent Rolls, Service Contracts
- Legal Description: 2-3 53 42 BISCAYNE BEACH SUB PB 44-67 LOT 18 BLK 9 LOT SIZE 50.000 X 115
- Inclusions: None
- Property ID: 02-32-02-008-2150
Listed by Silmar Realty
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Schools
Schools serving 8135 Crespi Blvd
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Biscayne Elementary School, Miami Beach, FL 800 77th Street, Miami Beach, FL 33141 | PK-5 | 0.4 mi |
Nautilus Middle School 4301 N Michigan Ave, Miami Beach, FL 33140 | 6-8 | 3.7 mi |
Miami Beach Senior High School 2231 Prairie Avenue, Miami Beach, FL 33139 | 9-12 | 4.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8135 Crespi Blvd
Date
Details
Price
Change
Source
2/03/2026
Listed
$1,600,000
88.5%
MLS
3/25/2021
Sold
$848,800
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 8135 Crespi Blvd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$18,106
12%
$1,033,740
16%
2023
$16,208
20%
$887,447
16%
2022
$13,556
3%
$764,868
12%
2021
$13,174
—
$682,301
—
2021
$13,174
1%
$682,329
1%
2019
$13,055
3%
$673,708
—
2018
$12,669
-1%
$673,735
—
2017
$12,830
-1%
$673,762
1%
2016
$12,920
105%
$665,143
105%
2015
$6,316
35%
$324,886
9%
2014
$4,679
12%
$298,504
9%
2013
$4,189
—
$274,238
—
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 8135 Crespi Blvd
8135 Crespi Blvd, Miami Beach, FL 33141 (MLS# A11958236) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 8135 Crespi Blvd is currently listed for $1,600,000 and was received on February 03, 2026. Want to learn more about 8135 Crespi Blvd? Do you have questions about finding other 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.

