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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,425 sqft
Price per Sqft $343
Subdivision Altos Del Mar No 3
MLS Listing ID A12000197
Sold Date 07/22/26
Style Fourplex
HOA Y/N No
Year Built 1951
Annual Tax Amount $15,248
Tax Year 2025
Contingent No Contingencies
Property Sub-Type Quadruplex
Property Description
Premium 4-unit multifamily value-add opportunity in the heart of North Beach. 7710 Carlyle Avenue is located 3 blocks from the Atlantic Ocean and 3 blocks from Biscayne Bay at the geographic center of Miami Beach's North Shore residential corridor. Built 1951, CBS construction, one-story, 3,425 SF on 5,650 SF lot. The building is fully occupied with stable tenants. Unit mix: (2) 2BR/1BA units + (2) 1BR/1BA units. Current rents are running 15-20% below comparable market rates, offering immediate upside potential through modest rent adjustments to market levels. NOI increase potential of approximately 20% at stabilized market rents. Quiet, tree-lined street walkable to the Bandshell, 71st Street Town Center, parks, and beach. North Beach is in early stages of major transformation—9+ development projects underway, new $53.8M civic complex approved, CRA established with taxable base growing 21% in first two years. Exceptional fundamentals. RM-1 zoning.
Location
State FL
County Miami-dade
Community Altos Del Mar No 3
Area 32
Zoning 3900
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Other
Exterior
Pool None
Utilities Available Cable Available
Roof Type Built-Up
Private Pool No
Building
Lot Description < 1/4 Acre
Story 1
Sewer Other
Architectural Style Fourplex
Level or Stories One
Structure Type Block
Others
Tax ID 02-32-02-007-2170
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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