MIAMI BEACH · Commercial Sale
420 78th St, Miami Beach FL 33141
$4,600,000
01 — THE RESIDENCE
The details make
the difference.
A considered introduction to this property, using the information provided with its MLS listing.
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. The offering also includes a highly attractive assumable loan through CBRE with an approximate $1. 7M balance at a 3. 18% interest rate, providing a significant financing advantage for a new owner.
02 — THE PERSPECTIVE
Every angle tells
another story.
Explore the original listing photography for a more complete impression of the residence, its architecture and surrounding setting.
DISCOVER THE GALLERY03 — PROPERTY PROFILE
Residence at a glance.
04 — DISCOVER MORE
Beyond the first impression.
05 — LOCATION
Find your place
in Miami Beach.
420 78th St, Miami Beach FL 33141
The map uses coordinates supplied with the MLS record. Pin positions may be approximate; verify exact access and location with your advisor.
THE WOLSEN EXPERIENCE
Every extraordinary address
begins with a conversation.
Discover more about this property through a personal, considered conversation.