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660 85th Street, Miami Beach, FL 33141
Active
161 Days on Market
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$3,700,000

660 85th Street

Miami Beach, FL 33141

Explore the area: Miami Beach homes for sale · Miami Dade County real estate

How this price compares

List price
$3,700,000
Price per sq ft
N/A
Original price
Unchanged
Days on market
161

This commercial property in ZIP 33141 is listed at $3,700,000. It has been on the market for 161 days.

0
Bedrooms
0
Bathrooms
0
Living Sq Ft
1989
Year Built

Estimated monthly payment

$19,445 /mo

Principal and interest only, based on $740,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

Customize this estimate

Listing Snapshot

Price
$3,700,000
Days on Site
161 Days
Bedrooms
0
Total Baths
0
Total Sq Ft
13,400 sqft
Lot Size
0.14 Acres
Year Built
1989
Property Type
Commercial
MLS #
A12001732
County
Miami Dade
Status
Active

About This Property

PLEASE SEE OM FOR MORE DETAILS!! 660 85th Street presents a rare opportunity to acquire a 12-unit boutique multifamily asset in the highly desirable Biscayne Point / North Beach submarket of Miami Beach. This four-story Art Deco-style building offers covered gated parking, elevator service, central AC, and private balconies—premium amenities rarely found in comparable North Beach boutique assets. Currently 83% occupied, the property includes two vacant units that provide immediate lease-up upside at market rents. Existing in-place rents remain approximately 30–40% below market, allowing a new owner to drive strong organic NOI growth through natural lease rollover without major capital improvements. Current gross income is approximately $242,700 annually, with stabilized upside projected near $288,300 and estimated NOI around $167,174. Located just blocks from the Atlantic Ocean, North Beach Oceanside Park, Ocean Terrace redevelopment, Bal Harbour Shops, and major retail amenities, the asset benefits from one of Miami Beach’s most supply-constrained rental micro-markets. Also available as part of a multi-property acquisition with 709 83rd Street, this offering provides added scale and portfolio synergies for investors seeking expanded North Beach exposure.

General Features

Property Type
Commercial
Status
Active
Year Built
1989
Lot Size (Acres)
0.14
Total Sq Ft
13,400
Zoning
3900

Community & HOA

MLS Area
2320

Browse Miami Beach homes for sale across every neighborhood and price point in Miami-Dade. Available homes span single-family, townhome, and condo segments throughout the city. Miami Beach includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Miami-Dade, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Miami-Dade market data, see Florida Realtors' monthly statistics. Browse the latest Miami Beach listings below. Then connect with a Pure Equity agent to schedule a private showing.

Homes for Sale
2,651
Median List Price
$650,000
Median $/Sq Ft
$687
Avg Days on Market
169
View all 2,651 homes for sale in Miami Beach →
How do I schedule a tour of 660 85th Street, Miami Beach, FL 33141?
Use the Tour button on this listing to request a showing of 660 85th Street, Miami Beach, FL 33141. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 660 85th Street, Miami Beach, FL 33141 still available?
660 85th Street, Miami Beach, FL 33141 is currently listed as Active, and has been on the market 161 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 660 85th Street, Miami Beach, FL 33141?
With 20% down ($740,000) on the $3,700,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 660 85th Street, Miami Beach, FL 33141 is about $19,445/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 660 85th Street, Miami Beach, FL 33141?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 660 85th Street, Miami Beach, FL 33141. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Can I negotiate the price of 660 85th Street, Miami Beach, FL 33141?
Often, yes. The right offer on 660 85th Street, Miami Beach, FL 33141 depends on how it's priced against comparable commercial sales in Miami Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Beachfront Realty Inc

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.

$3,700,000

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Listed by Marilina R Apfelbaum, Beachfront Realty Inc

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