Overview
- 7000
- 1937
Property Details
Updated on June 12, 2024 at 11:48 am- Property ID: A11577945
- Price: $1,599,999.00
- Land Area: 7000 sqft
- Year Built: 1937
- Property Status: For Sale
- Office Name: Century 21 Dorar Realty
Additional details
- Property Sub Type: Income/MultiFamily
- Style: Free Standing
- Business Type: Apartments, Residential-Multi-Family
- Condition: Resale
- Waterfront Features: Building & Land,Leases
- Floor Description: Tile
- Parking: 8
- Parking Description: Assigned, Guest, On Street
- Roof: Shingle
- Cooling features: Central Individual A/C, Other
- Sewer: Public Sanitation
- Construction Materials: CBS Construction
- Security Description: Smoke Alarm, Security System
- Special Listing Cond: Sale
- Tax Amount: $10976
- Tax Year: 2023
- Lot Description: City Location
- Parcel N°: 02-32-10-013-0570
- County: Miami-Dade County
- Terms Considered: All Cash, Conventional/Refinance
- Lease Term Info: 1 To 3 Year Lease
- Original List Price: $1999999
- Status: Active
Property Description
Introducing an exceptional investment opportunity in the heart of Normandy Isles! This multi-family property boasts 5 fully leased units, each contributing to a robust cash flow. With recent renovations including remodeled units 3 years ago and a replaced roof 5 years ago for unit 5, this property offers both stability & growth potential. The unit mix provides a diverse income stream, with 2 units currently generating $1600 ea., one unit at $1400, and 2 additional units at $1750 & $1837.50, located close to the beach & various shopping amenities. Lot offers opportunities for future expansion. Don’t miss out on this rare chance to invest! Call today!
Address
Open on Google Maps- Address Bay Dr
- City Miami Beach
- State/county Florida
- Zip/Postal Code 33141
- Country United States
All information provided is deemed reliable but is NOT guaranteed accurate, and should be independently verified.
Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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