7124 Bay Drive, Miami Beach, FL 33141

Listing Snapshot

About This Home

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

General Features

Property Type

ResidentialIncome

Sub-type

Quadruplex

Stories

2

Parking Spaces

5250

Zoning

4800

Utilities

CableAvailable

Subdivision

OCEAN SIDE SEC-ISLE OF NO

Interior Features

Flooring

Other,Tile,Wood

Heating

Central,SeparateMeters

Cooling

CeilingFans

Exterior Features

Construction

Block

Exterior Features

OutdoorLivingArea

Roof

Shingle

Patio / Porch

Patio

Pool

No

Waterfront

No

Community Features

MLS Area

2320

Schools

Map

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