
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 Beachs 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. Curre...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 Beachs 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.
View MoreCourtesy of
Agency Name: Compass Florida, LLC
Agency Phone: 305-697-2904
Agent Name: Joshua Kaufman
Presented by
Agent Name: Plantation
Agent Phone: 954.475.9813
Agency Title: The Keyes Company
Request Info
Send an email with a link to
7710 Carlyle Ave , Miami Beach, FL 33141.
Email 7710 Carlyle Ave , Miami Beach, FL 33141
Thank you for your inquiry! As a thank you, we have a Special Mortgage Offer for You.
We would like to provide you a free, no-obligation, home loan pre-approval review.