Issue 1 · Property Edition
A private editorial tour of 420 78th Street, Miami Beach, FL 33141.
Simon Gedz
S.G. Trust Team · Realtor since 1995
Issue 1 · Property Edition
A private editorial tour of 420 78th Street, Miami Beach, FL 33141.
Simon Gedz
S.G. Trust Team · Realtor since 1995
An interactive magazine: zoom the maps, tap a pin for details, and tap "See more" for things to do.
The residence
Listed by Fausto Commercial Realty Consultants Inc
7,821 sq ft
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.
The interiors
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.
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Built in 1940
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Parking: verify listing details
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Pool: verify listing details
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Lot size: 0.13
A closer look
A visual detail from the property's current listing gallery. Photography and availability remain subject to the current listing.
A closer look
A visual detail from the property's current listing gallery. Photography and availability remain subject to the current listing.
Life beyond the front door
Bayfront estates on Star, Palm, Hibiscus and Sunset Islands, plus La Gorce, Nautilus and oceanfront condominiums.
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Star, Palm, Hibiscus and Sunset Islands
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Bayfront homes with private docks
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Oceanfront condominiums along Collins Avenue
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Near Government Cut and Haulover Inlet
Getting around
What's nearby in Miami Beach
39 places to eat, see and do sit within reach of ZIP 33141.
11 arts & culture · 10 bars & nightlife · 8 dining · 3 shopping · 3 sports & events
Arts & Culture: Oolite Arts · Faena Art
Bars & Nightlife: South Beach — Ocean Drive & Collins · SkyBar Miami
Dining: Joe's Stone Crab · Prime 112
Weekend favorites: Oolite Arts, Faena Art, VISU Contemporary.
Miami Beach
Beachside neighborhoods with local dining, Lincoln Road shopping and connections across the causeways to Miami.
Approximate drive times are estimated from straight-line distance, not a routed or live-traffic journey. Actual driving distance and timing vary with traffic, bridges and routing.
01
Bal Harbour Shops
1.7 mi straight-line · approximately 3 min drive
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Haulover Beach
2.7 mi straight-line · approximately 5 min drive
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Miami Beach Convention Center
4.7 mi straight-line · approximately 9 min drive
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Lincoln Road, Miami Beach
5.1 mi straight-line · approximately 10 min drive
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Aventura Mall
6.6 mi straight-line · approximately 12 min drive
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Miami Intl Airport (MIA)
11.2 mi straight-line · approximately 21 min drive
Education
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Age-based school levels are approximate. Confirm grade placement and attendance boundaries with the district. Nearby options are not assigned schools. Faith labels are based on school names; confirm affiliation, grades and admissions directly with the school. Sign in and add your children to see each child matched to their own school.
A day in the life
Mornings at 420 78th Street, Miami Beach, FL 33141 begin with the home itself — 7,821 sq ft, built 1940, 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..
During the week, life close by includes Star, Palm, Hibiscus and Sunset Islands, Bayfront homes with private docks, Oceanfront condominiums along Collins Avenue.
Weekends open up: Oolite Arts (arts & culture), Faena Art (arts & culture), VISU Contemporary (arts & culture), with shopping at Lincoln Road Mall and Española Way Village.
Evenings can mean dinner at Joe's Stone Crab or Prime 112, or an exhibit at Oolite Arts and Faena Art.
For fresh air, Haulover Beach Park and South Pointe Park sit within easy reach.
Simon Gedz, guiding South Florida buyers since 1995, would be glad to show you what a day here feels like in person.
Explore this issue · This magazine is interactive: zoom the maps in and out, tap a pin for its name and walking time, and use "See more" to open every activity near this home's ZIP code.
Plan beyond the price
True monthly cost
25% down · 30 years · 6.85%
Planning estimate, not a lender or insurance quote. Taxes are modeled after sale. Roof age, wind mitigation, flood zone, reserves and assessments can materially change the total.
01
Confirm taxes after sale with the county
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Bind insurance during the inspection period
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Review association reserves and assessments
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Use lender and insurance quotes before relying on any estimate
Pet-friendly, actually checked
Finding nearby dog parks…
Your path to owning it · Part 1
Simon Gedz has guided South Florida buyers since 1995. Here's how he'll walk you from the first showing to an accepted offer — call him at any step for advice.
01
Get pre-approved
Simon connects you with a trusted lender so your offer is taken seriously.
02
Tour the home
See it with Simon — he points out what photos never show.
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Ask Simon for a CMA
A comparative market analysis of recent sales tells you what it's really worth.
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Plan your offer
Simon recommends price, terms and contingencies based on the CMA.
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Negotiate
Counteroffers handled by Simon until terms are agreed and signed.
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Hire a real estate attorney
Simon recommends one to review the contract and protect you through closing.
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Escrow deposit
Wired to the title company or attorney, usually within 3 days.
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Order title & survey
Title search for liens; a survey confirms lot lines and improvements.
Your path to owning it · Part 2
Simon coordinates the inspectors, lender, attorney and title company, and tells you exactly what comes next at each stage.
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Home inspection
Licensed inspector checks roof, AC, plumbing, electrical and structure.
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Insurance inspections
4-point and wind-mitigation reports to lower premiums.
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Repairs or credits
Simon negotiates fixes or a credit from the inspection findings.
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Insurance quotes
Bind home, wind and flood coverage early — Simon shares local agents.
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Appraisal
Your lender confirms the value supports the price.
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Clear to close
Loan underwriting is finished; closing date and figures confirmed.
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Final walkthrough
Walk it with Simon to confirm condition and agreed repairs.
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Closing day
Sign, fund, record the deed — and get the keys.
For a private showing or a property-specific strategy conversation about 420 78th Street, Miami Beach, FL 33141, contact Simon Gedz at 954.562.1798.
Listing facts, availability, schools, boating information and ownership estimates can change and should be independently verified.
Log in or create an account — and this magazine turns personal
The magazine is built for everyone; a free account rewrites its school, faith and boating pages for your family.
School pages matched to your children
Each child gets their own school matches — level, type, faith and real distance — instead of a generic nearby list.
Faith pages with real walking routes
Your faith's places, with the actual walking distance drawn on the magazine map — not a straight-line radius.
Boating guidance sized to your boat
Dock fit, water depth, bridges and the run to the ocean, checked against the boat you saved.
A private family copy
Your children's names appear in your signed-in edition; shared links stay public and unpersonalized.
Log in or create your free account — then this edition's school, faith and boating pages rewrite themselves for your family.
Simon Gedz · S.G. Trust Team · Realtor since 1995
Listed by Fausto Commercial Realty Consultants Inc
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Simon Gedz | S.G. Trust Team