Atlantic Luxury AdvisorsKeller Williams Realty Services

6 photos

320 85th St #22

Miami Beach, FL 33141

$1,649,000
1
1
632 sq ft
1953
Condominium
$550/mo
1
Active

Listing courtesy of Miles Goldstein Real Estate. Contact: [email protected].

About this home

Rare opportunity to acquire a portfolio of 7 individually deeded condominium units within a 25 unit building in the heart of Miami Beach’s desirable North Beach neighborhood. Just steps from the ocean and nearby parks, and minutes from restaurants, shopping, and entertainment. This unique investment package offers an excellent opportunity to own multiple income-producing units in one of Miami Beach’s most sought-after coastal locations. All 7 units are being offered together as one package and will not be sold individually. Rent roll, unit breakdown, and additional financial information available upon request.

Virtual tour
What it costs to own
Estimated monthly payment
$12,399/mo
Principal and interest
$8,338
Property tax
$2,478
Homeowners insurance
$1,033
HOA
$550

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$29,730/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.

HOA
$550/mo (from the listing)
FEMA flood zone
Lookup unavailable. Check the FEMA map
Hurricane evacuation zone
Lookup unavailable. Know your zone

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Florida condo safety laws

This building was built in 1953, according to the county property appraiser.

Florida's milestone inspection and structural reserve study laws apply to condominium buildings of three or more habitable stories; public data suggests this building is under that height.

Dates follow from the statutes and the year the county appraiser lists for the building, not from the association's records. Ask the association for its milestone inspection report, its most recent structural integrity reserve study and any approved or proposed special assessments, and review them before you buy.

Location
Location from the listing's MLS coordinatesMap data © OpenStreetMap contributors

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.