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835 83rd St, Miami Beach, FL, 33141

4beds
4baths
3,652sqft
$1,490,000
$408price/sqft
$10,081/moest. monthly cost
$403,240/yrincome needed

About This Home

Rich Homes of Florida is pleased to present 835 83rd Street, a legal 6-unit apartment building ideally located in one of Miami Beach’s most desirable neighborhoods. Just a short walk to the beach and the expansive 36-acre North Shore Open Space Park, this property offers an unbeatable combination of lifestyle and long-term value. The building features spacious 1-bedroom / 1-bath units, each with generous closet space. Washer and dryer on site. Every unit is equipped with NEW electrical systems, individual hot water heaters, and wall A/C units. The 40-Year Recertification was completed in 2026, providing peace of mind and reduced future capital exposure. An exceptional Value-Add Opportunity with strong rental demand and proximity to Surfside, Bal Harbour Shops, dining, and transportation.

Getting Around

38
WalkingCar-Dependent
44
TransitSome Transit
51
BikeBikeable

Schools

7/10
5/10
Nautilus Middle SchoolGrades 6-83.7 mi
4/10

Construction

Condition

  • Year built: 1951

Materials

  • Roof: Other
  • Construction materials: Concrete Block Construction

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4

Features

  • Flooring: Terrazzo

Heating & Cooling

  • Heating features: Other
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 3,652
  • Total interior livable area: 3,652 sqft

Property

Details

  • Parcel number: 0232030090040
  • Zoning: 3900

Features

  • Stories: 1

Lot

  • Features: Less Than 1/4 Acre Lot

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingVery High
  • Hurricane
    HurricaneRelatively High
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Heat Wave
Lightning
Tsunami

FEMA Declared Disasters in Miami-Dade County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $7,534$90,408
Home Insurance *$1,175$14,100
Property Taxes $1,005$12,060
Electricity $367$4,410
Total$10,081$120,972
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$345,634/yr
40% on housing$302,430/yr
45% on housing$268,826/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$408This listing

vs Other Active Listings

Avg $/sqft

ZIP 33141$980
Miami-Dade County$639

vs Homes Sold Last Month

Median $/sqft

ZIP 33141$1,311
Miami-Dade County$404

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-06Listed for sale$1,580,000
2026-02-27Listing removed$1,700
2026-02-26Listed for rent$1,700
2019-02-26Listing removed$850,000
2018-09-14Price change$850,000
2018-05-03Listed for sale$945,000

For Sale by Agent

AgentJoseph Torregrossa
BrokerageRich Homes of Florida

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