Income-producing fourplex in Miami Beach featuring a new roof and all four units occupied and generating rental income! Parking space available in front of the property, with additional street parking available. The property offers a backyard currently enjoyed as a shared outdoor space, with flexibility to designate areas for individual units. Existing backyard connections for a coin-operated washer and dryer offer potential for additional income; machines are not currently installed. A great opportunity to acquire an established rental property with a new roof and potential to enhance its income.
Multi-familyProperty Type
1950Year Built
$514Price/Sq.Ft.
4 spacesParking
Listed by Rachel Gonzalez• Top Tier International Realty, LLC.
Biscayne Beach, located between Biscayne Bay and Normandy Isles, is a waterfront and residential Miami Beach neighborhood with mid-century low-rises and bayfront promenades. The neighborhood’s character concentrates around the intersection of 79th Street and Hawthorne Avenue, where marina views meet a calm, local streetscape. The Normandy Fountain plaza and its surrounding cafes set a classic Miami Beach tone nearby. Pelican Harbor Marina and the Miami Beach Golf Club add outdoor rituals tied to water and fairways. Architecture leans toward tidy garden-style buildings and newer boutique condos, with breezy sidewalks framing the bay.
Provided by Walk Score and Local Logic
Market insights
903 80th St · $1,379,000
DAYS ON MARKET
18 days
The average home goes pending in 98 days.
SALE-TO-LIST
96.2%
Most homes are selling 4% below list price.
LIST PRICE
$1,379,000
Median list price in this area is $797,000. (42% lower than this home)
PRICE DROP
0 price drops
17% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Bedrooms
Four 2-bedroom units, two 1-bedroom units, and one 3-bedroom unit
Bathrooms
Six units with one full bathroom each and one unit with two full bathrooms
Flooring
Tile flooring
Heating & cooling
Ceiling fans
Wall/window units
Exterior features
Patio or porch
Home design
Single-story
Parking
Four parking spaces
Construction
Block construction
Shingle roof
Utilities
Cable available
Public sewer
Financial info
Seven units are listed as rented: four at $2,100 per month, three at $2,050 per month, two at $1,500 per month, and one at $2,650 per month.
Other
Rent includes sewer, trash collection, and water.
Electricity and solar
View estimated energy costs and solar savings for this home
The RM-1 residential multifamily, low density district is designed for low intensity, low rise, single-family and multiple-family residences.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Jul 28, 2026 • Final
Commercial buildings (including condo) - re-roof
Remove the existing roof and install a new approved roof covering.
Roofing
Oct 17, 2024 • Final
Zzconverted - converted permits
Bathroom
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
8/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
7 days above 103° expected this year, 29 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Miami Beach, FL • 33141
Average low and high temperatures (°F)
75
60
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64
80
67
82
72
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91
80
91
78
88
76
85
75
81
69
78
66
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
75/ 100
Good sunlight
Sunscore
This home receives average direct sun exposure in Miami Beach. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
7.9 hrs
5.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 903 80th St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $1,175,000 and $3,400,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $1.2M to $3.4M.