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
$1,585,000
8135 Crespi Blvd, Miami Beach, FL 33141
--beds
--baths
3,510sqft
Quadruplex
Built in 1950
-- sqft lot
$-- Zestimate®
$452/sqft
$-- HOA
What's special
Premier waterfront location
- 155 days |
- 294 |
- 20 |
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
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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: $452/sqft
- Annual tax amount: $19,203
- Date on market: 2/3/2026
- Listing terms: All Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 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 | $995 |
Source: Miami International Realty #A1584779 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
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
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Florida
- Miami-Dade County
- Miami Beach
- 33141
- Biscayne Point
- 8135 Crespi Blvd








