Refine Search
Sort by
$7,999,900
A12019182 MLS Altos Del Mar No 3 BLDG.
A fully operational 25-unit hospitality compound, 12 hotel keys (apartment size) + 13 residences, generating $1M+ in gross annual revenue with a 5.13% cap rate and $436,287 current NOI. Three renovated two-story towers on a 16,950 SF lot, three blocks from the Atlantic Ocean and one block from Collins Ave. Every unit is designer-finished with quartz countertops, rainfall showers, smart entry, and full kitchens. Amenities include a resort-style pool deck, fitness center, game room, kids' lounge, and tropical grounds, rare for North Beach at this price point. The numbers speak clearly: 50% LTV financing, $113,970 annual cash flow after debt service, a projected 10.79% levered IRR, 2.57x equity multiple, and $7M+ in profit over a 10-year hold. Four exit strategies — redevelop, rebrand, hold, or resell — with no capital restructuring required. Miami Beach's stringent STR licensing creates a structural moat that new entrants cannot easily replicate. Prime location. Proven revenue. Real optionality. This is the kind of asset North Beach simply doesn't offer twice. The owner is willing to continue operating the property for up to six months for a management fee of 10% of gross rental revenue, allowing the new owner time to learn the business and either transition to a new property manager or assume operations directly.

7830 Abbott Ave, Miami Beach

$1,574,000
A12018339 MLS Altos Del Mar No 3 BLDG.
Prime multifamily investment opportunity in the heart of Miami Beach. This fully renovated income-producing property features 6 turnkey units, including four spacious 1-bedroom/1-bath residences and two studio apartments. Ideally located just steps from the beach, Collins Avenue, world-class dining, shopping, and entertainment. Strong cash flow with current gross rental income exceeding $11.300/month and significant upside potential driven by high rental demand in the area. Upgrades throughout provide low-maintenance ownership and excellent tenant appeal. Perfect for investors seeking stable income, short- or long-term rental potential, and prime Miami Beach real estate appreciation. Seller highly motivated. for financials, additional details, and a private tour.

7630 Byron Ave, Miami Beach

$1,300,000
A12017326 MLS Altos Del Mar No 3 BLDG.
7711 Carlyle Ave presents a compelling infill opportunity in the North Beach submarket of Miami Beach, an emerging residential corridor experiencing increased investor interest and ongoing public and private investment. The area benefits from its proximity to Collins Avenue and the beachfront, while remaining well-connected to Mid-Beach, Surfside, Bal Harbour, and the broader urban core of Miami, attracting both local and out-of-state capital seeking exposure to Miami Beach's evolving northern corridor. The property benefits from strong accessibility to major thoroughfares including Collins Avenue and 71st Street, providing convenient connectivity throughout Miami Beach and to mainland Miami via key east-west corridors. Its location within a walkable, supply-constrained coastal neighborhood supports continued demand from developers targeting boutique residential projects in a high-barrier-to-entry market. Zoned RM-1, the site permits low-intensity multifamily residential development, making it well-suited for boutique apartment or residential redevelopment consistent with the surrounding neighborhood fabric. Overall, the property represents a strategically located residential development opportunity in North Beach, appealing to developers and investors seeking to capitalize on the continued growth and transformation of Miami Beach's northern submarket.

7711 Carlyle Ave, Miami Beach