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:
$1,999,999
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
ZIP:
33141
Lot Size:
7,000 sqft / 0.25 acres (approx)
Year Built:
1937
See this Listing
Mortgage 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
Buyer Agent Compensation
2.5%%
Tax Year
2023
Taxes
$10,976
Map
Community
- Address6932 Bay Dr Miami Beach FL
- CityMiami Beach
- CountyMiami-Dade County
- Zip Code33141
Similar Listings Nearby
- 18331 NE 1st Ave
Miami, FL$2,590,000
4.47 miles away
- 521 NE 82nd Ter
Miami, FL$2,566,700
3.64 miles away
- 1560 Lenox Ave # 101
Miami Beach, FL$2,500,000
4.63 miles away
- 8101 E Biscayne Blvd # 3
Miami, FL$2,475,000
3.52 miles away
- 7416 Biscayne Blvd
Miami, FL$2,400,000
3.63 miles away
- 531 16th St
Miami Beach, FL$2,400,000
4.55 miles away
6932 Bay Dr
Miami Beach, FL
LIGHTBOX-IMAGES