8025 Crespi Blvd, Miami Beach FL 33141
$1,695,000
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Income/MultiFamily, Commercial Sale
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.
This income/multifamily home located at 8025 Crespi Blvd, Miami Beach FL 33141 is currently for sale and has been available on Brickellsold for 29 days. This property is listed at $2M. It has N/A beds, N/A bathrooms, and is N/A square feet. It was built in 1950. 8025 Crespi Blvd, Miami Beach FL 33141 is in Miami Beach county Miami-Dade County.