7124 Bay DR, Miami Beach, FL 33141
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Angela Duncan

Angela Duncan

+1(813) 538-9890
$ 2,140,000
Est. payment | /mo

4,732 SqFt

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$ 2,140,000
Est. payment | /mo
Save Virtual Tour

4,732 SqFt

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Hold

Purchase Type For Sale

Square Footage 4,732 sqft

Price per Sqft $452

MLS Listing ID A11924424

Construction Status Resale

HOA Y/N No

Year Built 1940

Annual Tax Amount $28,380

Tax Year 2024

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type Multi Family

Property Description

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

Location

State FL

County Miami-dade

Area 2320

Region Miami Beach

City Region Miami Beach

Interior

Heating Other

Cooling Other

Flooring Other, Tile, Wood

Fireplace No

Exterior

Utilities Available Sewer Available

Water Access Desc Public

Roof Type Tile

Road Frontage City Street

Building

Lot Description < 1/4 Acre

Story 2

Water Public

New Construction No

Construction Status Resale

Others

Pets Allowed No

Tax ID 0232100130320

Security Features Security System,Smoke Detector(s)

Acceptable Financing Cash, Conventional, Cryptocurrency

Listing Terms Cash, Conventional, Cryptocurrency

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11924424

BeachesMLS, Inc. (FLR) VOW
Listed by Brigitte Lina One Sotheby's International Realty

Schools and Properties Nearby

Angela Duncan

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(813) 538-9890

angelacduncan@gmail.com

1400 S International Pkwy #1020, Lake Mary, FL, 32746, USA

Learn More About LPT Realty

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7124 Bay DR