Commercial Sale · Income/MultiFamily
1980 Biarritz Dr, Miami Beach FL 33141, MIAMI BEACH, FL, 33141
Active57 days on marketListed Jun 19, 2026MLS #A12039962
About this property
The property at a glance
Prime multifamily investment opportunity in the sought-after Normandy Isle neighborhood of Miami Beach. This well-maintained 5-unit building sits on a 6,662 SF lot and offers strong income potential with a favorable unit mix including three 1BD/1BA units, one 2BD and 1BA and one spacious 1BD/2BA penthouse residence. Ideally positioned near Normandy Park, community pool, local dining, cafés, shopping, and everyday conveniences, with easy access to Biscayne Boulevard, North Beach, and major transit routes. The property benefits from consistent rental demand driven by its central location and walkability. Excellent opportunity for investors seeking stable cash flow with future upside in one of Miami Beach’s most established rental submarkets.
3,924
Building sq ft
$428
Price / sq ft
6,662
Lot sq ft
1951
Year built
3900
Zoning
Income/MultiFamily
Property type
The numbers
Investment snapshot
4.9%
Cap rate
$81,992
Net operating income
Annual Lease
Lease term
Estimated payment (illustrative)
Estimated payment
$9,326/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
9,198
Population
$99,060
Median income
48
Median age
2
Avg household
$477,014
Median home value
$1,724/mo
Median rent
850
Households w/ kids
Consumer profile
Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.
Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.
The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.
This population is all about finding the latest in men's style - from fashion to grooming. Captures guys looking to stay on trend and significant others assisting with shopping.
These folks are conscious about what they eat. They're looking for ingredients that not only taste great, but also have great nutritional benefits.
From tiny sprouts and window plants, to flower arrangements and designing a landscape, this population has an affinity for all things green.
Recent sales
What actually sold near 1980 Biarritz Dr
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$1,000,000
11402 NE 8th Ct, Biscayne Park FL 33161
Sold Dec 19, 2024
$1,940,000
6838 Abbott Ave, Miami Beach FL 33141
Sold Jan 2, 2025
$4,750,000
7610 Byron Ave, Miami Beach FL 33141
Sold Jan 23, 2025
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 1980 Biarritz Dr — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 1980 Biarritz Dr.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of Miami Residential Group · Julieta Suarez Lepre. MLS #A12039962.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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