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535 73rd St, Miami Beach, FL, 33141

1beds
1baths
5,450sqft
$2,250,000
$413price/sqft
$15,218/moest. monthly cost
$608,720/yrincome needed

About This Home

535 73rd Street is an 8-unit multifamily property located in the heart of North Beach, Miami Beach, consisting of eight oversized 1-bedroom/1-bath units. The property has been extensively renovated with open-concept kitchens, real hardwood flooring, full hurricane impact windows and doors, and a new roof installed in 2023, while also featuring a private garden, gated keypad entry, and on-site laundry. With a history of 100% occupancy and collections, long-term credit-checked tenants, and on-site management, the asset provides stable in-place cash flow and efficient operations. Positioned just steps from the beach and approximately 20 minutes from Downtown Miami, with convenient access to major transportation corridors, shopping, dining, and entertainment, the property represents an exceptional investment opportunity in one of South Florida's strongest rental markets.

Getting Around

95
WalkingWalker's Paradise
48
TransitSome Transit
82
BikeVery Bikeable

Schools

7/10
5/10
Nautilus Middle SchoolGrades 6-83.1 mi
5/10

Construction

Condition

  • Year built: 1954

Materials

  • Roof: Built-Up
  • Construction materials: Concrete Block Construction

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex

Interior

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1

Features

  • Flooring: Other,Tile,Vinyl

Heating & Cooling

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

Interior Area

  • Total structure area: 5,450
  • Total interior livable area: 5,450 sqft

Property

Details

  • Parcel number: 0232020030881
  • Zoning: 3900

Features

  • Stories: 2

Lot

  • Features: Less Than 1/4 Acre Lot

Parking

  • Total spaces: 1

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 FloodingRelatively High
  • Hurricane
    HurricaneRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Cold Wave
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 $11,377$136,524
Home Insurance *$1,775$21,300
Property Taxes $1,518$18,216
Electricity $548$6,581
Total$15,218$182,616
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$521,760/yr
40% on housing$456,540/yr
45% on housing$405,813/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

$413This 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
2026-07-24Listed for sale$2,250,000
2019-02-11Listing removed$1,325
2018-09-08Price change$1,325
2018-07-27Listed for rent$1,400
2018-05-02Listing removed$1,325
2018-03-27Listed for rent$1,325
2017-12-14Listing removed$1,400
2017-11-02Price change$1,400
2017-09-28Listed for rent$1,350
2017-07-26Listing removed$1,400
2017-06-16Listed for rent$1,400
2016-09-22Listing removed$1,450
2016-02-16Listing removed$1,300
2015-10-17Price change$1,300
2015-09-02Listed for rent$1,350
2014-12-13Listing removed$1,250
2014-11-13Listed for rent$1,250

For Sale by Agent

AgentElior Levi
BrokerageFausto Commercial Realty Consultants Inc

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