1936 Normandy Dr , for Sale & Rent

1936 Normandy Dr for Sale & Rent

Price $2,500,000.00

  • Lot size 7655
  • Year Build 1958
  • Waterfront
  • Zip 33141
  • Style
  • Parking Description
  • Pool Yes
  • Status Active
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Description

LOCATION, LOCATION, LOCATION! EXCELLENT INVESTMENT OPPORTUNITY IN NORMANDY ISLES... THIS 10-UNIT APARTMENT BUILDING IS LOCATED ON NORMANDY DRIVE AND IS JUST A SHORT WALK FROM NORMANDY ISLES RESTAURANT/RETAIL ROW AND VERY CLOSE TO THE WHITE SANDY BEACHES OF MIAMI BEACH, SHOPPING CENTER, MALLS, NIGHT LIFE, AND DOWNTOWN. SAVY INVESTORS MAY WANT TO EXPLORE THE OPTION OF CONVERTING THIS BUILDING TO SHORT TERM RENTAL PROPERTY AND MAXIMIZE RETURNS. MOST OF THE CURRENT TENANTS HAVE BEEN HERE FOR 10+ YEARS BUT ARE MONTH TO MONTH. THERE IS GREAT POTENTIAL TO INCREASE THE RENTS TO MATCH THE HIGHER RATES IN THIS MARKET. THIS BUILDING HAS PASSED THE 40-YEAR AND 50-YEAR RECERTIFICATION AND HAS ALL LICENSES/PERMITS/CERTIFICATIONS UP TO DATE WITH THE COUNTY/CITY.

9-10 53 42 MIAMI VIEW SEC-ISLE OF NORMANDY PART 3 PB 40-33 LOT 10 BLK 36 LOT SIZE 50.000 X 125 OR 18923-2809 1299 1

LOCATION, LOCATION, LOCATION! EXCELLENT INVESTMENT OPPORTUNITY IN NORMANDY ISLES... THIS 10-UNIT APARTMENT BUILDING IS LOCATED ON NORMANDY DRIVE AND IS JUST A SHORT WALK FROM NORMANDY ISLES RESTAURANT/RETAIL ROW AND VERY CLOSE TO THE WHITE SANDY BEACHES OF MIAMI BEACH, SHOPPING CENTER, MALLS, NIGHT LIFE, AND DOWNTOWN. SAVY INVESTORS MAY WANT TO EXPLORE THE OPTION OF CONVERTING THIS BUILDING TO SHORT TERM RENTAL PROPERTY AND MAXIMIZE RETURNS. MOST OF THE CURRENT TENANTS HAVE BEEN HERE FOR 10+ YEARS BUT ARE MONTH TO MONTH. THERE IS GREAT POTENTIAL TO INCREASE THE RENTS TO MATCH THE HIGHER RATES IN THIS MARKET. THIS BUILDING HAS PASSED THE 40-YEAR AND 50-YEAR RECERTIFICATION AND HAS ALL LICENSES/PERMITS/CERTIFICATIONS UP TO DATE WITH THE COUNTY/CITY.

City:Miami Beach,Zoning:3900,List A O R:A-Miami Association of REALTORS,Latitude:25.8519112,List Price:2500000,Listing Id:A11322509,Longitude:-80.1408479,Mls Status:Active,Year Built:1958,Postal Code:33141,Street Name:Normandy Dr,Coordinates:1:25.8519112,Photos Count:18,Building Name:1936,Business Type:1:Residential-Multi-Family,Days On Market:19,Lot Size Units:Square Feet,On Market Date:2023-01-04,Parcel Number:02-32-10-011-0460,Property Type:Commercial Sale,Street Number:1936,Public Remarks:LOCATION, LOCATION, LOCATION! EXCELLENT INVESTMENT OPPORTUNITY IN NORMANDY ISLES... THIS 10-UNIT APARTMENT BUILDING IS LOCATED ON NORMANDY DRIVE AND IS JUST A SHORT WALK FROM NORMANDY ISLES RESTAURANT/RETAIL ROW AND VERY CLOSE TO THE WHITE SANDY BEACHES OF MIAMI BEACH, SHOPPING CENTER, MALLS, NIGHT LIFE, AND DOWNTOWN. SAVY INVESTORS MAY WANT TO EXPLORE THE OPTION OF CONVERTING THIS BUILDING TO SHORT TERM RENTAL PROPERTY AND MAXIMIZE RETURNS. MOST OF THE CURRENT TENANTS HAVE BEEN HERE FOR 10+ YEARS BUT ARE MONTH TO MONTH. THERE IS GREAT POTENTIAL TO INCREASE THE RENTS TO MATCH THE HIGHER RATES IN THIS MARKET. THIS BUILDING HAS PASSED THE 40-YEAR AND 50-YEAR RECERTIFICATION AND HAS ALL LICENSES/PERMITS/CERTIFICATIONS UP TO DATE WITH THE COUNTY/CITY.,County Or Parish:Miami-Dade County,Expiration Date:2023-06-30,List Office Name:G Realty Group, LLC.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Postal Code Plus4:4432,Property Sub Type:Income/MultiFamily,State Or Province:FL,Tax Annual Amount:27432,Unparsed Address:1936 Normandy Dr, Miami Beach FL 33141,Listing Agreement:Exclusive Right With Exception,Building Area Total:7655,Building Area Units:Square Feet,Lot Size Square Feet:6250,Original List Price:2600000,Previous List Price:2600000,Public Survey Range:32,I D X Participation Y N:1,Syndication Remarks:LOCATION, LOCATION, LOCATION! EXCELLENT INVESTMENT OPPORTUNITY IN NORMANDY ISLES... THIS 10-UNIT APARTMENT BUILDING IS LOCATED ON NORMANDY DRIVE AND IS JUST A SHORT WALK FROM NORMANDY ISLES RESTAURANT/RETAIL ROW AND VERY CLOSE TO THE WHITE SANDY BEACHES OF MIAMI BEACH, SHOPPING CENTER, MALLS, NIGHT LIFE, AND DOWNTOWN. SAVY INVESTORS MAY WANT TO EXPLORE THE OPTION OF CONVERTING THIS BUILDING TO SHORT TERM RENTAL PROPERTY AND MAXIMIZE RETURNS. MOST OF THE CURRENT TENANTS HAVE BEEN HERE FOR 10+ YEARS BUT ARE MONTH TO MONTH. THERE IS GREAT POTENTIAL TO INCREASE THE RENTS TO MATCH THE HIGHER RATES IN THIS MARKET. THIS BUILDING HAS PASSED THE 40-YEAR AND 50-YEAR RECERTIFICATION AND HAS ALL LICENSES/PERMITS/CERTIFICATIONS UP TO DATE WITH THE COUNTY/CITY.,Listing Contract Date:2023-01-04,Originating System I D:miamire,Public Survey Section:10,Street Number Numeric:1936,Tax Legal Description:9-10 53 42 MIAMI VIEW SEC-ISLE OF NORMANDY PART 3 PB 40-33 LOT 10 BLK 36 LOT SIZE 50.000 X 125 OR 18923-2809 1299 1,Public Survey Township:32,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:3.0%,Contract Status Change Date:2023-01-04,Internet Address Display Y N:1,Internet Consumer Comment Y N:1,Transaction Broker Compensation:3.0%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,Internet Automated Valuation Display Y N:1,

  • Price $2,500,000.00
  • Price Change: 2023-01-23
  • Lot size sq. ft.
  • Price per sq.ft. $
  • Year Build 1958
  • Waterfront
  • View
  • Pool Yes
  • Style
  • Construction
  • Parking Description
  • Flooring Type
  • Property Type Commercial Sale
  • Status Active
  • Listed 2023-01-23
  • Days on Market 25
  • Furnished
  • City Miami Beach
  • Zip 33141
  • State Florida
  • Subdivision
  • Development Name 1936
  • HOA Fees
  • Taxes 27432
  • Taxes Year