This exceptional waterfront multifamily property is ideally located in prime Miami Beach, offering residents highly desirable coastal living with direct proximity to the water. The building consists of five (5) 1-bedroom, 1-bathroom units, all of which are fully occupied, providing immediate and stable cash flow.
The property is currently generating $8,300 in monthly rental income, presenting investors with strong in-place revenue and long-term investment stability. Its premier waterfront location offers tenants convenient access to Miami Beach’s renowned beaches, parks, dining, shopping, and entertainment, while still maintaining a quiet and desirable residential atmosphere.
With its irreplaceable waterfront setting, strong occupancy, and location within one of South Florida’s most sought-after rental markets, this property represents an outstanding opportunity for investors seeking a stable, income-producing asset with long-term appreciation potential.
Listed by Leor Fidler
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License #3502040
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Silmar Realty
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516-580-2329
Last updated February 04, 2026
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Source: MIAMIRE #A11958236
Listing Facts
TypeMulti-family
NeighborhoodBiscayne Beach
Days on Prevu41
Taxes$19,203/year
Size3,510 sqft
Price per sqft$456
Amenities
Pets Allowed
Parking
Location
Mortgage Calculator
Listing History
02/03/2026
Listed by Silmar Realty
$1,600,000
Property Details for 8135 Crespi Blvd
Exterior
Construction
Roof: Flat Tile
Stories: 1
Stories Total: 1
Structure Type: Quadruplex, Fourplex
Year Built: 1950
Year Built Details: Effective Year Built
Architectural Style: Detached
Building Name: BISCAYNE BCH SUB
Construction Materials: CBS Construction
Features
Waterfront Features: Canal Front
Waterfront: Yes
Measurements
Building Area Total: 3,510
Building Area Units: Square Feet
Frontage Length: 60
Lot Features: 1/4 To Less Than 1/2 Acre Lot
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 02-32-02-008-2150
Tax Annual Amount: $19,203.00
Tax Year: 2025
Interior
Features
Flooring: Terrazzo, Tile
Measurements
Living Area: 3,510
Living Area Units: Square Feet
Other
Location
Subdivision Name: BISCAYNE BCH SUB
Utilities
Equipment
Cooling: Wall/Window Unit(s)
Has Cooling: Yes
Heating: Gas
Has Heating: Yes
Sewer: Public Sewer
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 8135 Crespi Blvd.
What are the annual taxes for 8135 Crespi Blvd?
Annual taxes for this multi-family home are estimated at $19,203.
How does 8135 Crespi Blvd compare to other multi-family homes in Biscayne Beach?
This multi-family home is listed 26% below the average price for multi-family homes in Biscayne Beach and has been on the market for 79 less days than the typical home in this area.
What building or home owners association is the multi-family home part of?
This multi-family home is in the BISCAYNE BCH SUB building.
What is the square footage on this multi-family home?
According to the MLS, this listing is 3,510 sqft.
8135 Crespi Blvd is a -bedroom multi-family home for sale in Miami Beach FL 33141. Available on Prevu for 41 days at $1,600,000. This property features 3,510 square feet of living space, located in Biscayne Beach. The median listing price for multi-family homes in this area is $1,370,000. Additional amenities include pets allowed and parking. Explore more multi-family home listings in Miami Beach.
Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.