$1,275,000
n/a
n/a
3425
Quadruplex, Residential Income
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.
This quadruplex home located at 7710 Carlyle Ave, Miami Beach FL 33141 is currently for sale and has been available on Brickellsold for 1 day. This property is listed at $1M. It has N/A beds, N/A bathrooms, and is 3425 square feet. It was built in 1951. 7710 Carlyle Ave, Miami Beach FL 33141 is in Miami Beach county Miami-Dade County.
