7124 Bay Dr, Miami Beach FL 33141

$2,190,000

Overview

Quadruplex
Property Type

4732 Square Feet
Area Size

Square Feet
Land Area

1940
Year Built

One Sotheby's International Realty
Listing Office

Brigitte Lina
Listing Agent

A11922740
Property ID

360° Virtual Tour

Description

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

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