7124 Bay Dr ,Other, Quadruplex, Ocean Side Sec-isle Of No for Sale

7124 Bay Dr for Sale

Price $1,975,000.00

• Lot size 4732
• Year Build 1940
• Waterfront
• Zip 33141
• Style Other
• Parking Description
• Pool Yes
• Status Active

Description

Fantastic 8-plex investment opportunity on Normandy Isle. 8 units: four 1 bedrooms & four large studios with potential to convert to 1 bedroom jr's. Building has new impact windows installed, new plumbing, newer paint, landscaped and maintained professionally, high demand area, corner lot. Long standing tenants. Rent roll has more potential and pending updates.

Do not disturb tenants. Showings by appointment; without appointment drive by only.

OCEAN SIDE OF ISLE OF NORMANDY PB 25-60 LOT 5 LESS S50FT BLK 3 LOT SIZE 63.330 X 75 OR 23582-2898 07 2005 2 (2) COC 26296-4755 03 2008 2

Less Than 1/4 Acre Lot

Fantastic 8-plex investment opportunity on Normandy Isle. 8 units: four 1 bedrooms & four large studios with potential to convert to 1 bedroom jr's. Building has new impact windows installed, new plumbing, newer paint, landscaped and maintained professionally, high demand area, corner lot. Long standing tenants. Rent roll has more potential and pending updates.

City:Miami Beach,Zoning:4800,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2022,Flooring:1:Tile,2:Wood,Latitude:25.8564784,Cooling Y N:1,Heating Y N:1,List Price:1975000,Listing Id:A11432821,Longitude:-80.1286785,Mls Status:Active,Year Built:1940,Living Area:4732,Postal Code:33141,Street Name:Bay Dr,Coordinates:1:25.8564784,Photos Count:48,Building Name:OCEAN SIDE SEC-ISLE OF NO,Days On Market:24,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M L S Area Major:Ocean Side Sec-isle Of No,On Market Date:2023-08-08,Parcel Number:02-32-10-013-0320,Property Type:Residential Income,Rent Includes:1:Pest Control,2:Sewer,3:Trash Collection,4:Water,Stories Total:2,Street Number:7124,M I A M I R E_ Style:Fourplex,Public Remarks:Fantastic 8-plex investment opportunity on Normandy Isle. 8 units: four 1 bedrooms & four large studios with potential to convert to 1 bedroom jr's. Building has new impact windows installed, new plumbing, newer paint, landscaped and maintained professionally, high demand area, corner lot. Long standing tenants. Rent roll has more potential and pending updates.,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,Expiration Date:2024-07-05,List Office Name:South Florida Brokers & Assoc,Private Remarks:Do not disturb tenants. Showings by appointment; without appointment drive by only.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Increase,Postal Code Plus4:5453,Property Sub Type:Quadruplex,State Or Province:FL,Subdivision Name:OCEAN SIDE SEC-ISLE OF NO,Tax Annual Amount:21102,Unparsed Address:7124 Bay Dr, Miami Beach FL 33141,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:4732,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:417.3711,Original List Price:1950000,Previous List Price:1950000,Public Survey Range:32,Documents Available:1:Other Available Information,2:Rent Rolls,I D X Participation Y N:1,Showing Contact Type:1:Call Listing Office,Syndication Remarks:Fantastic 8-plex investment opportunity on Normandy Isle. 8 units: four 1 bedrooms & four large studios with potential to convert to 1 bedroom jr's. Building has new impact windows installed, new plumbing, newer paint, landscaped and maintained professionally, high demand area, corner lot. Long standing tenants. Rent roll has more potential and pending updates.,Listing Contract Date:2023-08-08,Originating System I D:miamire,Public Survey Section:10,Showing Instructions:Call Listing Agent,Call Listing Office,See Broker Remarks,Street Number Numeric:7124,Tax Legal Description:OCEAN SIDE OF ISLE OF NORMANDY PB 25-60 LOT 5 LESS S50FT BLK 3 LOT SIZE 63.330 X 75 OR 23582-2898 07 2005 2 (2) COC 26296-4755 03 2008 2,Public Survey Township:32,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:2%,M I A M I R E_ Adjusted Area S F:4244,Contract Status Change Date:2023-08-08,Internet Address Display Y N:1,Number Of Units In Community:1,Internet Consumer Comment Y N:1,Dual Variable Compensation Y N:1,Transaction Broker Compensation:2%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:417.37,Internet Automated Valuation Display Y N:1,