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!
Property Details
Price:
$1,599,999
MLS #:
A11577945
Status:
Active
Beds:
0
Baths:
0
Address:
6932 Bay Dr
Type:
Commercial
Subtype:
Income/MultiFamily
City:
Miami Beach
Listed Date:
Apr 30, 2024
State:
FL
Finished Sq Ft:
2,297
Total Sq Ft:
2,297
ZIP:
33141
Lot Size:
7,000 sqft / 0.25 acres (approx)
Year Built:
1937
See this Listing
CENTURY 21 Carioti is a full service real estate company servicing the State of Florida with a headquarters in Orlando, FL.
More About CENTURYMortgage Calculator
Schools
Interior
Cooling
Central Individual A/ C, Other
Flooring
Tile
Exterior
Construction Materials
C B S Construction
Parking Features
Assigned, Guest, On Street
Parking Spots
8
Roof
Shingle
Financial
Tax Year
2023
Taxes
$10,976
Map
Community
- Address6932 Bay Dr Miami Beach FL
- CityMiami Beach
- CountyMiami-Dade County
- Zip Code33141
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