A 10-unit multifamily property located in the highly walkable North Beach district of Miami Beach. Built in 1958, this two-story building sits between Hawthorne Avenue and Crespi Boulevard, just steps from the Tatum Waterway and minutes from the ocean. The property offers ten spacious one-bed/one-bath units, each over 700 square feet, with separate electric and gas meters, individual water heaters, and classic Miami Beach charm.
While selectively updated, the asset presents strong value-add potential through modernization and rent optimization. The area continues to benefit from significant public and private redevelopment, including the North Beach Town Center District and other large-scale projects driving sustained rent growth and property appreciation.
With a stable tenant base, flexible lease structure, and prime location near Collins Avenue, Harding Avenue, the Atlantic Ocean, and North Shore Park, Seven90 Apartments represents an excellent opportunity to acquire a boutique multifamily property combining stability, upside, and long-term investment value in one of Miami Beach’s most desirable rental submarkets.
790 81st St, Miami Beach, FL, 33141
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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