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Live BeachesMLS listing · MLS# 20260107180139123022000000

7124 Bay Drive, Miami Beach, FL 33141

Miami Beach, FL, 33141

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$2,140,000

7124 Bay Drive, Miami Beach, FL 33141

BeachesMLS

0 ba · 4,732 sqft · Built 1940

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

Courtesy of One Sotheby's International Realty · Brigitte Lina

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Property characteristics

Type
Quadruplex
Year built
1940
Living area
4,732 sqft
Days on market
155
Subdivision
OCEAN SIDE SEC-ISLE OF NO