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Luxury home — 709 83rd Street · Miami Beach
$2,800,000
709 83rd Street, Miami Beach, FL 33141
Miami Beach, FL, 33141
— bd · — ba · 11,880 sqft
Listed by Beachfront Realty Inc
709 83rd Street, Miami Beach, FL 33141
Listed by Beachfront Realty Inc
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Estimated monthly payment
$20,884/mo
Income & expenses
9 unitsIncome and operating expenses: Not provided — Ask Simon for the seller's rent roll and operating statement. No return calculation available.
Know your costs before you buy
Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.
Estimated monthly payment $20,884/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
Insurance and flood: AE · verify insurance quotes before buying.
About this home
Find similar homesPortfolio sale with 660 85th St – Listed at $3,700,000. Well-maintained 9-unit multifamily building in Miami Beach’s Biscayne Beach area. Built in 1990, this 4-story concrete construction property offers approximately 11,880 SF on a 5,650 SF lot.The building features 9 fully occupied units, providing immediate rental income. Includes central A/C and durable concrete block construction.Prime location just minutes from the beach, shopping, dining, and transit. Zoned 3900 (Multifamily 2–9 units). Strong investment opportunity in a high-demand rental market.
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
212 days on market
Longer time on market usually means the seller is more open to negotiating on price and terms.
Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.
Property Details
Your costs (est.)
≈ $20,884/mo
709 83rd Street, Miami Beach, FL 33141 · Miami Beach
Location
709 83rd Street, Miami Beach, FL 33141
What buyers ask about this home
What are the estimated monthly carrying costs at 709 83rd Street, Miami Beach, FL 33141?+
Property tax (after sale): $3,550/month est.; homeowners insurance: $2,805/month est.; HOA: $0/month. Fixed ownership costs before a mortgage: $6,355/month est. Principal and interest: $14,529/month; PMI: $0/month. Total for the payment scenario shown: $20,884/month est. Flood insurance is not included. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 709 83rd Street, Miami Beach, FL 33141?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 709 83rd Street, Miami Beach, FL 33141 need flood insurance, and what drives the premium?+
Most of Miami Beach sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should an inspection focus on for a home like 709 83rd Street, Miami Beach, FL 33141?+
In coastal South Florida, prioritize roof age and permit history, whether windows and doors are impact-rated, the seawall and dock condition on waterfront lots, drainage and elevation, plumbing type, and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
Is there room to negotiate on 709 83rd Street, Miami Beach, FL 33141?+
This listing has been on the market 212 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Miami Beach. Beachside neighborhoods with local dining, Lincoln Road shopping and connections across the causeways to Miami.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Biscayne Beach Elementary School
Elementary · 0.5 mi from this home · 800 77Th St, Miami Beach
Miami Beach Nautilus Middle School
Middle school · 3.7 mi from this home · 4301 N Michigan Ave, Miami Beach
Miami Beach Senior High School
High school · 4.8 mi from this home · 2231 Prairie Ave, Miami Beach
Zone boundaries published by Miami-Dade County Public Schools.
Other options for this address
Mater Biscayne Academy North Miami Elementary School
Elementary · Charter · Grades PK–5 · North Miami
Mater Biscayne Academy North Miami Middle School
Middle school · Charter · Grades 6–8 · North Miami
Yeshiva Toras Chaim Toras Emes Rohr Middle School
Middle school · Private · Jewish · Grades 6–8 · North Miami Beach
Archdiocese Of Miami Virtual Catholic School
Pre-K & Kindergarten · Private · Catholic · Grades K–12 · Miami Shores
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
Simon Gedz
Realtor® since 1995
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