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7124 Bay Dr, Miami Beach FL 33141

Commercial For Sale
$2,390,000

BTC: 26.55555556

ETH: 787.47940692

15 days
0 room(s)
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 • Commercial • For Sale

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1940
Lot:
5250 Square Feet
Heating:
Other
Price/sqft:
No Data
Cooling:
Other
HOA:
No Data
All facts and features

  • Flooring

    • Other

    • Tile

    • Wood

    Heating

    • Other

    Cooling

    • Other

  • Lot

    • Lot: 5250 Square Feet

    Other Property Information

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

    • Zoning: 4800

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • Annual tax amount: $28,380

  • Source details

    • MLS ID: A11924424

    Other facts

    • Construction Materials: CBS Construction

    • Window Features: Clear Impact Glass

    • Water Source: Public

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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