625 75th Street is a fully modernized, two-story, six-unit multifamily asset situated on a 5,500 SF parcel in the North Beach submarket of Miami Beach. Comprising 3,400 adjusted square feet, the property features an efficient unit mix of four 1-bedroom/1-bathroom units and two studio residences. The building has undergone substantial capital expenditures, including complete upgrades to both the electrical and plumbing systems, along with full-building hurricane impact windows and doors, minimizing near-term deferred maintenance for incoming ownership.Zoned RM-1 (Residential Multifamily, Low Density) under the Miami Beach Land Development Code, the property provides immediate cash flow stability backed by high tenant retention and severe local rental housing supply constraints. Positioned within walking distance to the beach, the North Beach Oceanside Park, and major transit corridors connecting to mainland Miami, the asset represents a turnkey, low-maintenance holding for 1031-exchange investors or private capital seeking insulated coastal real estate fundamentals.
| MLS # | A12074389 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1951 |
| Days On Site | 57 |
| Listing Provided By | Fausto Commercial Realty Consultants Inc | Antonio Saladrigas |
| SQ Feet | 3,400 |
|---|---|
| Zoning | 3900 |
| Acreage | 0.13 |
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami Beach |
| Zip Code | 33141 |
| Area | 2320 |
| Listing VS Median (in 33141) | |
Price: $2,100,000 low | high Med: $140,000 sqft: 3,400 low | high Med: 406 $ / sqft: $618 low | high Med: $345 On site: 57 low | high Med: 7 | |
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami Beach |
| Zip Code | 33141 |
| Area | 2320 |
| Listing VS Median (in 33141) | |
Price: $2,100,000 low | high Med: $140,000 sqft: 3,400 low | high Med: 406 $ / sqft: $618 low | high Med: $345 On site: 57 low | high Med: 7 | |