About This Home

This 8-bedroom, 0-bathroom multi-family at 815 W 39 in Miami Beach, FL is listed for $2,350,000 ($676 per sqft). Built in 1938, the home offers 3,474 sqft of living space on a N/A lot.

Key Features

  • Built in 1938
  • 2 stories

Property Details

2 stories
8 full
1938

Amenities

HardwoodA/C
Listing Description

RARE MID-BEACH INVESTMENT GEM! Turnkey, 100% occupied boutique 4-unit asset spanning 3,474 SQ FT in Miami Beach's most prestigious, high-barrier submarket. Surrounded by $5M+ luxury villas, this property features four oversized, fully renovated 2BR/2BA units showcasing sophisticated European-style finishes, private entrances, central AC, and in-unit washers & dryers.

Designed for premium indoor/outdoor living in an A-rated school district near Mount Sinai & the 41st St corridor. Steps from the beach, dining, and major thoroughfares to Brickell & MIA. Strong, stable in-place income with versatile operational paths: premium long-term leases, furnished corporate housing, or seasonal use where permitted. Low-management, blue-chip property in Miami Beach's most resilient rental market. Easy to manage, impossible to replicate.

Monthly Cost Estimate

$12,568/mo

20% down · 6.5% · 30 years

Principal$1,700
Interest$10,183
Insurance$685

Estimates only. Actual payments may vary.

Location

815 W 39

Miami Beach, FL 33140

GARDEN SUB AMD PL

Features & Amenities

Exterior Features

BarbecueLightingPatio

Property Details

Flooring

TileHardwoodWood

Construction

CBS (Concrete Block Structure) Block

Outdoor Features

Patio

Heating

CentralElectric (Heating)

Cooling

Central AirCeiling Fan(s)Electric

Questions & Answers

This 8-bedroom, 0-bathroom multi-family at 815 W 39 is listed at $2,350,000 ($676/sqft). The estimated monthly payment is $12,568 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1938, 2 stories. Exterior Features: Barbecue, Lighting, Patio.

This property is listed by Teodoro Palmieri.

TP

Teodoro Palmieri

License 3066859

Agent at Elite Ocean View Realty

Listed by Elite Ocean View Realty · Broker phone: (786) 380-0581 · View on Broker Site · Broker website

MLS# A12026553· Source: Miami REALTORS®· 1 day on PropertySimple

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

815 W 39, Miami Beach, FL 33140

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