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$2,400,000
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Property Description
A boutique 4-unit multifamily property located in the highly desirable Mid- Beach neighborhood of Miami Beach. Nestled just steps from the waterways, 41st Street commercial corridor, and some of Miami Beach's most prestigious residential enclaves, the property offers a rare opportunity to acquire a well-maintained asset in a supply-constrained, high-barrier-to-entry submarket. The building features four oversized, updated units with modern finishes, private entrances, and functional layouts ideal for long-term tenants, furnished rentals, or flexible-stay configurations. Its central Mid-Beach location provides quick access to the beach, Mount Sinai Medical Center, top schools, restaurants, and major thoroughfares connecting to Brickell, Wynwood, and Miami International Airport. With strong in-place income, stable demand drivers, and multiple operational paths-including traditional rentals, furnished rentals, or potential short-term/ seasonal use where permitted-815 W 39th Street represents an attractive, low-management investment opportunity in one of Miami Beach's most stable and historically resilient residential markets.
Full Property Details
Full Property Details for 815 W 39th St
General
- Price: $2,400,000
- Taxes: $26,623 (2025)
- Status: Active
- Type: Multi-Family
- Source: Greater_Miami
- MLS ID: A11931087
- Updated: 12/15/2025
- Added to Site: 32 day(s) ago
Rental Information
- Rent Includes: Hot Water, Sewer, Trash Collection
Parking
- Total Spaces: 2
Location
- Area: Garden Sub Amd Pl
- County: Miami-Dade County
- Subdivision: GARDEN SUB AMD PL
- Building Name: GARDEN SUB AMD PL
Community
- Community Name: Garden Sub Amd Pl
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: Detached
- Structure Type: Quadruplex, Fourplex
- Detached/Attached: Detached
- Construction: Concrete Block Construction
- Roof: Curved/S-Tile Roof
- Stories/Levels: 2
- Building Size: 3474
- Square Feet: 3,474
- Living Area: 3,474 Sq. Ft.
- Year Built: 1938
Lot Features
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 3900
Financial Considerations
- Price Per Sq. Ft.: $690.85
- Tax Amount: $26,623
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Documents Avail.: Financial Statement, Investment Analysis
- Legal Description: GARDEN SUB AMD PL PB 31-9 LOT 5 BLK 4 LOT SIZE 50.000 X 110 OR 16239-3034 0294 4
- Property ID: 02-32-27-015-0310
Listed by Compass Florida, LLC
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Schools
Schools serving 815 W 39th St
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
North Beach Elementary School 4100 Prairie Avenue, Miami Beach, FL 33140 | PK-5 | 0.2 mi |
Nautilus Middle School 4301 N Michigan Ave, Miami Beach, FL 33140 | 6-8 | 0.2 mi |
Miami Beach Senior High School 2231 Prairie Avenue, Miami Beach, FL 33139 | 9-12 | 0.9 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 815 W 39th St
Date
Details
Price
Change
Source
12/15/2025
Listed
$2,400,000
3.23%
MLS
4/28/2023
Sold
$2,325,000
—
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 815 W 39th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$26,669
25%
$1,419,243
25%
2023
$21,291
11%
$1,131,700
11%
2022
$19,199
12%
$1,021,795
2%
2021
$17,130
—
$999,143
12%
2021
$17,130
2%
$889,238
1%
2019
$16,782
12%
$879,186
—
2018
$15,043
21%
$879,281
—
2017
$12,403
3%
$879,376
86%
2016
$12,094
20%
$471,764
10%
2015
$10,081
8%
$428,877
7%
2014
$9,311
16%
$399,300
1%
2013
$8,048
—
$395,712
—
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 815 W 39th St
815 W 39th St, Miami Beach, FL 33140 (MLS# A11931087) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 815 W 39th St is currently listed for $2,400,000 and was received on December 15, 2025. Want to learn more about 815 W 39th St? Do you have questions about finding other Multi-Family real estate for sale in Bayshore? You can browse all Bayshore real estate or contact a Coldwell Banker agent to request more information.

