Price: $1,275,000 | 3,425 s.f. | Beds | Baths
| Listing Price: | $1,275,000 |
| Price per Square Foot: | $372.26/s.f. |
| Beds: | |
| Baths: | |
| Interior Space: | 3,425 s.f. (318.2 m²) |
| Total Size: | 3,425 s.f. (318.2 m²) |
| Monthly Maintenance Fee: | $0 |
| Taxes (2025): | $15,248 |
| Reference: | A12000197 |
| See this property on BHSUSA.com | |
Premium 4-unit multifamily value-add opportunity in the heart of North Beach. 7710 Carlyle Avenue is located 3 blocks from the Atlantic Ocean and 3 blocks from Biscayne Bay at the geographic center of Miami Beach's North Shore residential corridor. Built 1951, CBS construction, one-story, 3,425 SF on 5,650 SF lot. The building is fully occupied with stable tenants. All four leases are month-to-month, providing maximum operational flexibility. Unit mix: (2) 2BR/1BA units + (2) 1BR/1BA units. Current rents are running 15-20% below comparable market rates, offering immediate upside potential through modest rent adjustments to market levels. NOI increase potential of approximately 20% at stabilized market rents. Quiet, tree-lined street walkable to the Bandshell, 71st Street Town Center, parks, and beach. North Beach is in early stages of major transformation—9+ development projects underway, new $53.8M civic complex approved, CRA established with taxable base growing 21% in first two years. Exceptional fundamentals. RM-1 zoning.
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