Price: $1,995,000 | 4,719 s.f. | Beds | Baths
| Listing Price: | $1,995,000 |
| Price per Square Foot: | |
| Beds: | |
| Baths: | |
| Interior Space: | 0 s.f. (0.0 m²) |
| Total Size: | 4,719 s.f. (438.4 m²) |
| Monthly Maintenance Fee: | $0 |
| Taxes (): | $0 |
| Reference: | A11964060 |
| See this property on BHSUSA.com | |
PRESENTING A RARELY AVAILABLE WATERFRONT VALUE-ADD OPPORTUNITY WITHIN OVERLOOKED MIAMI BEACH SUBMARKET. Delivered vacant and mid-improvement, this 6-unit multifamily asset is located within the historically undervalued North Beach submarket — a supply-constrained coastal pocket quietly outperforming legacy market perception. Supported by spacious units averaging approximately 780 Sq. Ft. and navigable Tatum Waterway frontage, the asset offers a clear path to unlock upside via completing improvements such as unit reconfiguration toward a 2-BR floorplan, private dockage potential, and pre-chartered capital execution program — all while controlling an irreplaceable waterfront position. Ready for execution, the asset’s transitional value-add profile drastically shortens the cash-flow horizon with defined scope of work primarily centered around building recertification, compliance resolution, and targeted interior modernization, making this opportunity best suited for experienced or vertically integrated investors comfortable navigating complexity in exchange for basis advantage and long-term waterfront positioning.
The MLS data provided for the property above (MLS#A11964060) is provided courtesy of The Alpha Commercial Advisors LLC. Source: Southeast Florida MLS. Data updated 2/14/2026. Information is deemed reliable but not guaranteed. Copyright © 2026. The listing data on this page comes in part from the Internet Data Exchange (IDX), a collaboration between the following REALTOR(R) associations in the South Florida Multiple Listing Service (MLS): Miami Realtor Association, Realtor Association of Greater Ft. Lauderdale and the South Broward Board of Realtors. All rights reserved. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is believed to be accurate, but is not warranted. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
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