Miami Neighborhoods
Beds
Price
Search
 


Multifamily Residential
$4,900,000
420 78th St Miami Beach, FL

A12003967

113 of 138 for Sale
Contact
an agent
  • Listed On:

    Apr 26, 2026
  • Days on Market:

    22
  • Year:

    1940
  • Taxes:

    $62,313 per year
  • Floor Description:

  • Occupancy:

  • Zoning:

  • Parking:

420 78th St Miami Beach, FL 420 78th St is a 23-unit multifamily property located in the heart of North Beach, just steps from the ocean. The asset consists of 22 studio units and one 1-bedroom/1-bath unit within a 7,821 SF, three-story building, currently generating approximately $408,000 in gross income. The property is fully occupied, offering strong in-place cash flow with additional upside through future rent growth, making it an attractive investment opportunity in a high-demand rental market. Positioned in a prime beachside location, the property benefits from consistent tenant demand and is just minutes from major employment hubs, retail, and dining, as well as Downtown Miami. The offering also includes a highly attractive assumable loan through CBRE with an approximate $1.7M balance at a 3.18% interest rate, providing a significant financing advantage for a new owner.

Interested in this Listing?

Miami Residence will connect you with an agent in a short time.

Required

For Sale Details

  • Photo Count

    33

  • Property Type

    Commercial Sale

  • SqFt Total

    5650

  • Terms Considered

    All Cash, Assumable, Conventional/Refinance

  • Year Built

    1940

Any questions about Multifamily Residential?
Contact our Miami Beach Real Estate Specialist today.

Need to sell your condo at Multifamily Residential?

We will sell it for you!
We are the leading Real Estate sales team in Miami, Florida. Our agressive marketing program and result-driven strategies will sell your Multifamily Residential condo fast.
Contact us for free professional market analysis and marketing plan customized for your property.
Call our office (305) 751-1000
0.159703969955