420 78th Street
Miami Beach, FL 33141
MLS # A12003967· Active IDX
$4,600,000
- Bathrooms
- 0
- Living area
- 7,821 sq ft
- Lot size
- 0.13 acres
- Year built
- 1940
- Type
- Multi Family
- Days on market
- 194
About this home
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.
Details
| MLS # | A12003967 |
|---|---|
| Status | Active |
| County | Miami-Dade |
| ZIP | 33141 |
| Water | Public |
| Sewer | Public Sewer |
| Annual taxes | $62,313 |
Listing courtesy of Fausto Commercial Realty Consultants Inc, Elior Levi. Last updated Oct 31, 2026, 9:21 AM ET.
Request a showing
Mention MLS # A12003967 (420 78th Street) and when you would like to visit. A licensed real-estate professional will contact you.
Licensed brokerage
Premier Real Estate Group Inc
Broker of record Maxim Bohadana, Florida broker license BK3314523
(888) 440-3766The data relating to real estate for sale on this website comes in part from the IDX Program of BeachesMLS, Inc. Information is deemed reliable but not guaranteed. Listings held by brokerages other than Premier Real Estate Group Inc are marked with the IDX logo and detailed information about them includes the name of the listing broker. Last updated Oct 31, 2026, 9:21 AM ET.