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$2,290,000

7124 Bay Dr, Miami Beach FL 33141

Miami Beach, FL 33141

Star Island

0

Bedrooms

0

Bathrooms

0

Sq Ft

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 Commercial Sale
Status Active
Lot Size 5,250 sq ft
Days on Market 72
MLS # dd203103e17cedeeaf81dec0c4536668