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7124 Bay Dr, Miami Beach FL 33141

Multi-family For Sale
$2,390,000

BTC: 26.55705750

ETH: 783.60655738

New
0 room(s)
4,732 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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

Location

Florida • Miami Beach • 33141 • Multi-family • For Sale

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1940
Lot:
No Data
Heating:
Central
Price/sqft:
$505
Cooling:
Ceiling Fan(s)
HOA:
No Data
All facts and features

  • Flooring

    • Other

    • Tile

    • Wood

    Heating

    • Central

    Cooling

    • Ceiling Fan(s)

    Other interior features

    • Stairs

  • Other Property Information

    • Parcel Number: 02-32-10-013-0320

    • Zoning: 4800

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $28,380

  • Source details

    • MLS ID: A11922740

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Patio And Porch Features: Patio

    • Living Area: 4732

    • Water Source: Municipal Water

    • Subdivision Name: OCEAN SIDE SEC-ISLE OF NO

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: One Sotheby's International Realty