420 78th Street, Miami Beach, FL 33141

$5,225,000 · $668 per sq ft · Multifamily for sale

  • Property type: Multi Family
  • Asking price: $5,225,000
  • Price per sq ft: $668
  • Building size: 7,821 sq ft
  • Lot size: 5,663 sq ft
  • Zoning: 3900
  • Year built: 1940
  • Parcel ID: 0232020070980
  • MLS#: A11909726
Photo 1 at 420 78th Street, Miami BeachPhoto 2 at 420 78th Street, Miami BeachPhoto 3 at 420 78th Street, Miami BeachPhoto 4 at 420 78th Street, Miami BeachPhoto 5 at 420 78th Street, Miami BeachPhoto 6 at 420 78th Street, Miami BeachPhoto 7 at 420 78th Street, Miami BeachPhoto 8 at 420 78th Street, Miami Beach

About this property

23 unit North Beach Miami style apartment.Beautiful Renovated 3 story apartment building with little work to be done.Room to raise rents and capitalize more income!Call Kamy for more information Units are occupied, please do not disturb!

Operating Statement

Gross income$420,000/yr
Property taxes$66,145/yr

Income and expenses as the seller entered them in the MLS, not verified. A buyer's lender underwrites from the actual statements and the property tax and insurance a new owner will pay.

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Pellego, LLC · violet@pellego.com · Listing agent: Kamy Gamal

BeachesMLS logo All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Request a tour or more information

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 420 78th Street or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.

Questions About 420 78th Street

How much is 420 78th Street?
420 78th Street is listed at $5,225,000, about $668 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
What is 420 78th Street zoned?
The listing reports zoning of 3900. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
How big is 420 78th Street?
The listing reports 7,821 square feet of building.
When was 420 78th Street built?
420 78th Street was built in 1940. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
What are the property taxes on 420 78th Street?
The listing reports annual property taxes of $66,145. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.
How do I tour 420 78th Street?
Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.

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