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$2,390,000
49 Days On Site

7124 Bay Dr
Miami Beach, FL 33141

For Sale|Multi Family|Active
0
Beds
0
Total Baths
4,732
SqFt
$505
/SqFt
1940
Built
County:
Miami-Dade
Call Now: 1-561-540-8122
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1-561-540-8122
7124 Bay Dr7124 Bay Dr7124 Bay Dr7124 Bay Dr
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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

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Listing Snapshot
Price 
$2,390,000
Days On Site 
49 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,732 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
5,250 Acres
Year Built 
1940
MLS® Number 
A11924424
Status 
Active
Property Tax 
$28,380
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 weeks agoStatus changed to Active
4 weeks agoListing updated with changes from the MLS®
2 months agoPrice changed to $2,390,000
2 months agoListing first seen on site
General Features
Levels 
Two
Number Of Stories 
2
Property Sub Type 
Multi Family
Security 
Security SystemSmoke Detector(s)
Sewer 
Other
SqFt Total 
4732
Water Source 
Public
Zoning 
4800
Interior Features
Cooling 
Other
Flooring 
HardwoodOtherTileWood
Heating 
Other
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Exterior Features
Construction Details 
Block
Road Frontage 
City Street
Roof 
Tile
Community Features
Financing Terms Available 
CashConventional
MLS Area 
32
Listing courtesy of One Sotheby's International Realty

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Neighborhood & Commute
Source: Walkscore
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ALICE LONNQVIST

PHONE: 1-561-540-8122