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935 & 945 Bay Dr, Miami Beach FL 33141

Commercial Recently Sold
$4,250,000

BTC: 65.11227578

ETH: 1,349.74196110

Sold on: 2022-05-31
150 days
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

Rare Opportunity to secure a two-folio multi-family assembly in one of the most desirable area of Miami Beach(02-3210-013-0810 & 02-3210-013-0830) The offering includes 18 Units. Six 2 Bedroom / 2 Baths (RARE) and Twelve 1 Bedroom / 1 Bath. All units are HUGE mid-century floor plans with plenty of closets. Several with hardwood floors and original design features. Rents are below market and offer an investor revenue growth opportunity given units sizes and location. The lots are also ideal for development of approximately 20 townhouses (subject to Miami Beach zoning guidelines). Market demand in each approach will provide the Buyer a fantastic capital and income growth. The property is walking distance from Normandy Circle, the North Beach Business District, and the beaches.

Location

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1956
Lot:
13900 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data
All facts and features
  • Lot

    • Lot: 13900 Square Feet

    Other Property Information

    • Parcel Number: 02-32-10-013-0810

    • Zoning: 3900

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • Annual tax amount: $37,533

  • Source details

    • MLS ID: A11141760

    Other facts

    • Lot Features: Beach Access / City Location / In Residential Area

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