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.
For sale
Price increase: $45K (7/13)
$1,630,000
8135 Crespi Blvd, Miami Beach, FL 33141
--beds
--baths
3,510sqft
Quadruplex
Built in 1950
-- sqft lot
$-- Zestimate®
$464/sqft
$-- HOA
What's special
Premier waterfront location
- 204 days |
- 341 |
- 26 |
Zillow last checked:
Listing updated:
Listed by:
Leor Fidler 516-580-2329,
Silmar Realty
Source: MIAMI,MLS#: A11958236
Originating MLS: A-Miami Association of REALTORS
Facts & features
Interior
Heating
- Natural Gas
Cooling
- Wall/Window Unit(s)
Features
- Flooring: Terrazzo, Tile
Interior area
- Total structure area: 3,510
- Total interior livable area: 3,510 sqft
Video & virtual tour
Property
Features
- Stories: 1
- On waterfront: Yes
- Waterfront features: Canal Front
- Frontage length: 60
Lot
- Features: 1/4 To Less Than 1/2 Acre Lot
Details
- Parcel number: 0232020082150
- Zoning: 3900
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- CBS Construction
- Roof: Flat Tile
Condition
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: Biscayne Bch Sub
HOA
- Has HOA: No
Location
- Region: Miami Beach
Financial & listing details
- Price per square foot: $464/sqft
- Annual tax amount: $19,203
- Date on market: 2/3/2026
- Listing terms: All Cash,Conventional
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/13/2026 | Price change | $1,630,000+2.8%$464/sqft |
Source: | ||
| 3/26/2026 | Price change | $1,585,000-0.9%$452/sqft |
Source: | ||
| 2/4/2026 | Listed for sale | $1,600,000+70.2%$456/sqft |
Source: | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 2/21/2021 | Sold | $940,000-6%$268/sqft |
Source: Agent Provided Report a problem | ||
| 2/18/2020 | Listing removed | $1,000,000$285/sqft |
Source: Owner Report a problem | ||
| 11/20/2019 | Listed for sale | $1,000,000-9.1%$285/sqft |
Source: Owner Report a problem | ||
| 8/14/2019 | Listing removed | $1,100,000$313/sqft |
Source: Lifestyle International Realty #A10619159 Report a problem | ||
| 6/28/2019 | Price change | $1,100,000-8.3%$313/sqft |
Source: Lifestyle International Realty #A10619159 Report a problem | ||
| 2/21/2019 | Listed for sale | $1,200,000$342/sqft |
Source: Lifestyle International Realty #A10619159 Report a problem | ||
| 11/7/2018 | Listing removed | $500 |
Source: Miami LLC Report a problem | ||
| 10/30/2018 | Listed for rent | $500-65.5% |
Source: Miami LLC Report a problem | ||
| 9/4/2017 | Listing removed | $1,450 |
Source: Weichert Realtors Report a problem | ||
| 5/20/2017 | Price change | $1,450-3.3% |
Source: Weichert Realtors Report a problem | ||
| 5/6/2017 | Listed for rent | $1,500+71.4% |
Source: Weichert Realtors Report a problem | ||
| 1/18/2013 | Listing removed | $875 |
Source: Miami International Realty LLC #A1584779 Report a problem | ||
| 1/11/2012 | Price change | $875-12.1% |
Source: Miami International Realty #A1584779 Report a problem | ||
| 12/17/2011 | Listed for rent | $995 |
Source: Miami International Realty #A1584779 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Biscayne Point
Nearby schools
GreatSchools rating
- 7/10Biscayne Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 5/10Nautilus Middle SchoolGrades: 6-8Distance: 3.7 mi
- 5/10Miami Beach Senior High SchoolGrades: 9-12Distance: 4.7 mi
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