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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
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What's This?
Private
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

The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. Information is deemed reliable but not guaranteed. Copyright © 2026, Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. All rights reserved. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

Neighborhood & Commute
Source: Walkscore
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ALICE LONNQVIST

PHONE: 1-561-540-8122