1735 Normandy Dr ,Other, Quadruplex, Isle Of Normandy Miami Vi for Sale
1735 Normandy Dr for Sale
Price $1,800,000.00
- Lot size 3603
- Year Build 1953
- Waterfront
- Zip 33141
- Style Other
- Parking Description
- Pool Yes
- Status Active
Description
We are thrilled to present an exclusive opportunity for investors at 1735 Normandy Drive. Recently fully rehabilitated, these four apartments boast a fresh, modern appeal, making them an excellent investment choice. Key Features: Recent Full Rehab: Plumbing, electricity, appliances, and flooring have all been newly renovated to high-end quality. Building: This established building has stood the test of time, offering a solid foundation for investment. Great opportunity SELLER FINANCE UP TO 50%Fully Rented: The entire building has recently been leased out, generating a monthly income of $9,000It is rented 15/25% below market value. Pro forma calculated by Miami Beach Housing 2024 PRO FORMA $10,500. MONTHLY RENT
Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls= For more info email nv@miamgmtgroup.com at 305-322-8767 Do not disturb tenants Buyers must do their own due diligence to confirm with the city. "Exceptional rental returns ? we kindly request not to disrupt tenants for unit visits, except during designated due diligence periods."
ISLE OF NORMANDY MIAMI VIEW SEC PART 2 PB 41-75 LOT 17 BLK 31 LOT SIZE 48.000 X 125 OR 19689-4400 04 2001 1 COC 22568-0068 08 2004 1
Less Than 1/4 Acre Lot
We are thrilled to present an exclusive opportunity for investors at 1735 Normandy Drive. Recently fully rehabilitated, these four apartments boast a fresh, modern appeal, making them an excellent investment choice. Key Features: Recent Full Rehab: Plumbing, electricity, appliances, and flooring have all been newly renovated to high-end quality. Building: This established building has stood the test of time, offering a solid foundation for investment. Great opportunity SELLER FINANCE UP TO 50%Fully Rented: The entire building has recently been leased out, generating a monthly income of $9,000It is rented 15/25% below market value. Pro forma calculated by Miami Beach Housing 2024 PRO FORMA $10,500. MONTHLY RENT
City:Miami Beach,Zoning:3900,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2022,Latitude:25.8526351,Cooling Y N:1,Heating Y N:1,List Price:1800000,Listing Id:A11480360,Longitude:-80.1383814,Mls Status:Active,Year Built:1953,Living Area:3603,Postal Code:33141,Street Name:Normandy Dr,Coordinates:1:25.8526351,Photos Count:28,Building Name:ISLE OF NORMANDY MIAMI VI,Days On Market:177,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M I A M I R E_ Area:32,M L S Area Major:Isle Of Normandy Miami Vi,On Market Date:2023-11-03,Parcel Number:02-32-10-017-0240,Property Type:Residential Income,Rent Includes:1:Sewer,2:Trash Collection,Stories Total:1,Street Number:1735,M I A M I R E_ Style:Fourplex,Public Remarks:We are thrilled to present an exclusive opportunity for investors at 1735 Normandy Drive. Recently fully rehabilitated, these four apartments boast a fresh, modern appeal, making them an excellent investment choice. Key Features: Recent Full Rehab: Plumbing, electricity, appliances, and flooring have all been newly renovated to high-end quality. Building: This established building has stood the test of time, offering a solid foundation for investment. Great opportunity SELLER FINANCE UP TO 50%Fully Rented: The entire building has recently been leased out, generating a monthly income of $9,000It is rented 15/25% below market value. Pro forma calculated by Miami Beach Housing 2024 PRO FORMA $10,500. MONTHLY RENT,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,List Office Name:Mia MGMT Group, LLC.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Postal Code Plus4:4739,Property Sub Type:Quadruplex,State Or Province:FL,Subdivision Name:ISLE OF NORMANDY MIAMI VI,Tax Annual Amount:12216,Total Actual Rent:108000,Unparsed Address:1735 Normandy Dr, Miami Beach FL 33141,Listing Agreement:Exclusive Right With Exception,Year Built Details:Resale,Building Area Total:3603,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:499.5837,Original List Price:2150000,Previous List Price:1990000,Public Survey Range:32,Documents Available:1:Other Available Information,I D X Participation Y N:1,Number Of Units Total:4,Syndication Remarks:We are thrilled to present an exclusive opportunity for investors at 1735 Normandy Drive. Recently fully rehabilitated, these four apartments boast a fresh, modern appeal, making them an excellent investment choice. Key Features: Recent Full Rehab: Plumbing, electricity, appliances, and flooring have all been newly renovated to high-end quality. Building: This established building has stood the test of time, offering a solid foundation for investment. Great opportunity SELLER FINANCE UP TO 50%Fully Rented: The entire building has recently been leased out, generating a monthly income of $9,000It is rented 15/25% below market value. Pro forma calculated by Miami Beach Housing 2024 PRO FORMA $10,500. MONTHLY RENT,Listing Contract Date:2023-11-03,Originating System I D:miamire,Public Survey Section:10,Showing Instructions:See Broker Remarks,Street Number Numeric:1735,Tax Legal Description:ISLE OF NORMANDY MIAMI VIEW SEC PART 2 PB 41-75 LOT 17 BLK 31 LOT SIZE 48.000 X 125 OR 19689-4400 04 2001 1 COC 22568-0068 08 2004 1,Public Survey Township:32,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:3409,M I A M I R E_ Internet Remarks:no,Contract Status Change Date:2023-11-03,Internet Address Display Y N:1,Number Of Units In Community:4,Internet Entire Listing Display Y N:1,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:499.58,
- Price $1,800,000.00
- Price Change: 2024-03-17
- Lot size sq. ft.
- Price per sq.ft. $
- Year Build 1953
- Waterfront
- View
- Pool Yes
- Style Other
- Construction
- Parking Description
- Flooring Type Other
- Property Type Residential Income
- Status Active
- Listed 2024-03-17
- Days on Market 334
- Furnished
- City Miami Beach
- Zip 33141
- State Florida
- Subdivision
- Development Name ISLE OF NORMANDY MIAMI VI
- HOA Fees
- Taxes 12216
- Taxes Year 2022