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Active Income/MultiFamily
$2,140,000 ↓ −$250,000 (10.5%)
7124 Bay Dr, Miami Beach FL 33141, Miami Beach, FL 33141
0 Beds
Bedrooms
0 Baths
Bathrooms
— sqft
Living Area
1940
Year Built

About This Property

Exceptional Turnkey Investment Opportunity in Miami Beach Fully leased 8-unit multifamily property offering strong income and long-term upside. The building comprises 4 studios and 4 1BD/1BA units, all well-maintained. Property highlights include: impact windows throughout, split A/C units in every apartment, full kitchens and updated bathrooms, and upgraded electrical and plumbing systems. Succesffully Completed 40-years certification. The property offers a compelling opportunity to optimize future rent in one of Miami Beach’s most sought-after neighborhoods. Highly desirable Normandy Isles neighborhood, minutes to the beach, public transportation, shops, restaurants, and major Miami destinations. High rental demand and low vacancy area.The neighborhood is transitioning from a somewhat quiet into a vibrant, upscale, and highly desirable upcoming luxury community

Property Details

Property Type Income/MultiFamily
Days on Market 162 days
HOA Fee None
Parking — spaces
Pool No
Waterfront No
Community
Pets Allowed

Assigned Schools

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School Grades Address Report Card
Treasure Island Elementary
Elementary 305-865-3141
PK-5
7540 E Treasure Dr., North Bay Village, FL 33141
Nautilus Middle
Middle 305-532-3481
6-8
4301 N Michigan Ave., Miami Beach, FL 33140
Miami Beach Senior High
High School 305-532-4515
9-12
2231 Prairie Ave., Miami Beach, FL 33139

Source: County GIS attendance zone boundaries. Assignments are based on property location and may change. Use Miami-Dade County Public Schools's official locator to confirm.

Location

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Dayron Crespo
Broker Associate

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