1 / 311910 and 1920 Biarritz Dr, Miami Beach FL 33141
Miami Beach, FL
List Price
$2,650,000
Type
Fourplex
Price / SqFt
$460/sqft
Price reduction
Distressed / value-add opportunity
From the listing
EXTREMELY RARE OPPORTUNITY TO ACQUIRE TWO PRIME CONTIGUOUS LOTS, ONE BLOCK FROM THE BAY ON POSH, BURGEONING NORMANDY ISLE. TOGETHER, THE LOTS SPAN 13,324 SQUARE FEET AND EACH HAS A TURNKEY 4-PLEX ON IT (8-UNITS TOTAL, ALL 1 BED/1 BATH). SPECTACULAR DEVELOPMENT OPPORTUNITY TO GO VERTICAL WITH A 5-STORY BUILDING WITH 18 OR MORE UNITS, PARKING AND POOL, DEPENDING ON DESIGN CONFIGURATION. INCREDIBLE LOCATION, JUST STEPS FROM THE NORMANDY ISLE PARK, THE GOLF COURSE, MULTI-MILLION DOLLAR WATERFRONT HOMES, WALGREENS AND JUST MINUTES TO THE BEACH, PUBLIX, AND THE MAINLAND. THIS IS A WHITE WHALE INVESTMENT, RELENTLESSLY SOUGHT AND ALMOST NEVER FOUND. CALL LISTING BROKER FOR OFFER INSTRUCTIONS.
Property Information
- Square Feet
- 5,764
- Units
- 8
- Days on Market
- 1256
- Status
- active
Location
- County
- Miami-Dade County
- Zip Code
- 33141
- Coordinates
- 25.8505, -80.1405
Represented by Academia
Academia Real Estate Corp can represent you on this property. Use the inquiry form to have a licensed broker reach out with full details and next steps.
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Why this deal
- 0% off original list price
- Multifamily with 8 units
- Represented end-to-end by Academia
- Active listing — move quickly
Deal Score
52/100
Fair
is scored →
No comp-based ARV yet for this listing — equity scored neutral.
0.0% off original list (full marks at 25%+).
1256 days on market (full marks at 120+ — more time = more leverage).
Soft motivation language (value-add, motivated, tenant-occupied, cash-only).
A screen of the public MLS data we have — not an appraisal, valuation, or investment advice. Factors marked “assumed” were missing from the feed and scored neutral.
Deal scorecard
How four stakeholders read this deal
Risks
- Equity not yet estimated — no comps available for ARV
- Flood zone AE — mandatory flood insurance required (NFIP or private); adds to carrying cost
- conventional financing unlikely; cash or hard-money only
What a super-investor sees
Investor
Investor equity estimate based on ARV from closed MLS comps minus list price and estima…
- Equity not yet estimated — no comps available for ARV
What a bank sees
Lender / financing
Lender financeability estimate based on list price, ARV, and condition signals. Not a f…
- conventional financing unlikely; cash or hard-money only
What an insurer sees
Insurance / 4-point
insurability v1. Miami-Dade is entirely within the HVHZ (High-Velocity Hurricane Zone) …
- Flood zone AE — mandatory flood insurance required (NFIP or private); adds to carrying cost
What a GC / AHJ sees
Permits / condition
Permit data from Miami-Dade public records; may lag; verify open permits with the AHJ. …
4-point — last permit
- Roofnone
- Electricalnone
- Plumbingnone
- HVACnone
Estimates from public data — not an appraisal, insurance quote, or financing commitment. Insurability as of 2026-07-24. Verify with licensed professionals.
Deal calculator
Value-add deal calculator
1910 and 1920 Biarritz Dr, Miami Beach FL 33141, Miami Beach, FL
No closed comps matched yet — ARV below is a starting estimate. Verify.
Recommended max offer
$1,441,000
Room vs list (above list)
$1,209,000
Est. equity
-$752,700
-28% of ARV, at list
ROC at list
-22%
Est. all-in at list
$3,402,700
list + rehab + txn + carry
70% rule MAO
$1,441,000
Estimates only — not investment advice or an offer. ARV is drawn from recent closed comps; rehab from a rate-card range. Verify ARV, rehab, and all costs with a licensed professional before acting.