7124 Bay Dr ,Income Non-waterfront, Residential-multi-family for Sale & Rent

7124 Bay Dr for Sale & Rent

Price $1,765,000.00

  • Lot size 5250
  • Year Build 1940
  • Waterfront
  • Zip 33141
  • Style
  • Parking Description Other, On Street
  • Pool Yes
  • Status Active
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Description

Rarely available investors? dream. A well-maintained, income-producing, fully-rented Miami Beach multifamily. Units have been upgraded and renewed throughout offering an appealing alternative for renters, unique in the exclusive Normandy Isles area. Corner lot on a tranquil neighborhood yet centrally located with easy access and proximity to work/entertainment areas, beaches and shopping. Public transportation and easy street parking. Perfect investment opportunity featuring 4 large studios and 4 one-bedroom units. All recently painted, with full kitchens, nicely appointed bathrooms, new impact windows installed, new plumbing and independent recently installed split Air Conditioners. Income and performance reports available upon request Call listing agent for showings and information.

By appointment only. Please do not disturb tenants. For showings call +1 (305) 710-6804 / +1 (786) 849-4578 / +1 (786) 770-9408

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

Rarely available investors? dream. A well-maintained, income-producing, fully-rented Miami Beach multifamily. Units have been upgraded and renewed throughout offering an appealing alternative for renters, unique in the exclusive Normandy Isles area. Corner lot on a tranquil neighborhood yet centrally located with easy access and proximity to work/entertainment areas, beaches and shopping. Public transportation and easy street parking. Perfect investment opportunity featuring 4 large studios and 4 one-bedroom units. All recently painted, with full kitchens, nicely appointed bathrooms, new impact windows installed, new plumbing and independent recently installed split Air Conditioners. Income and performance reports available upon request Call listing agent for showings and information.

City:Miami Beach,Roof:1:Wood Joist Roof,Zoning:4800,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2023,Flooring:1:Tile,2:Wood,Latitude:25.8564905,Cooling Y N:1,Heating Y N:1,Lease Term:1 To 3 Year Lease,Month To Month,List Price:1765000,Listing Id:A11512993,Longitude:-80.1286647,Mls Status:Active,Year Built:1940,Inclusions:Building & Land,Leases, Leases,Postal Code:33141,Street Name:Bay Dr,Coordinates:1:25.8564905,Photos Count:41,Days On Market:1,Listing Terms:1:Conventional/Refinance,Lot Size Units:Square Feet,M I A M I R E_ Area:32,On Market Date:2024-01-15,Parcel Number:02-32-10-013-0320,Property Type:Commercial Sale,Stories Total:2,Street Number:7124,Open Parking Y N:1,Public Remarks:Rarely available investors? dream. A well-maintained, income-producing, fully-rented Miami Beach multifamily. Units have been upgraded and renewed throughout offering an appealing alternative for renters, unique in the exclusive Normandy Isles area. Corner lot on a tranquil neighborhood yet centrally located with easy access and proximity to work/entertainment areas, beaches and shopping. Public transportation and easy street parking. Perfect investment opportunity featuring 4 large studios and 4 one-bedroom units. All recently painted, with full kitchens, nicely appointed bathrooms, new impact windows installed, new plumbing and independent recently installed split Air Conditioners. Income and performance reports available upon request Call listing agent for showings and information.,County Or Parish:Miami-Dade County,List Office Name:Blokhaus Real Estate + Investments Inc,Private Remarks:By appointment only. Please do not disturb tenants. For showings call +1 (305) 710-6804 / +1 (786) 849-4578 / +1 (786) 770-9408,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Parking Features:1:On Street,Postal Code Plus4:5453,Property Sub Type:Income/MultiFamily,State Or Province:FL,Tax Annual Amount:25341,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,Lease Considered Y N:1,Lot Size Square Feet:5250,M I A M I R E_ For Sale Y N:1,Number Of Buildings:1,Original List Price:1950000,Public Survey Range:32,Documents Available:1:Financial Statement,2:Investment Analysis,3:Copy Of Lease(S),4:Photos,5:Rent Rolls,I D X Participation Y N:1,Syndication Remarks:Rarely available investors? dream. A well-maintained, income-producing, fully-rented Miami Beach multifamily. Units have been upgraded and renewed throughout offering an appealing alternative for renters, unique in the exclusive Normandy Isles area. Corner lot on a tranquil neighborhood yet centrally located with easy access and proximity to work/entertainment areas, beaches and shopping. Public transportation and easy street parking. Perfect investment opportunity featuring 4 large studios and 4 one-bedroom units. All recently painted, with full kitchens, nicely appointed bathrooms, new impact windows installed, new plumbing and independent recently installed split Air Conditioners. Income and performance reports available upon request Call listing agent for showings and information.,Listing Contract Date:2024-01-15,Originating System I D:miamire,Public Survey Section:10,Showing Instructions:Call Listing Agent,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:3.0%,M I A M I R E_ Internet Remarks:Perfect investment opportunity in Miami Beach, featuring 4 large studios and 4 one-bedroom units. Fully rented.,Contract Status Change Date:2024-01-15,Internet Address Display Y N:1,Number Of Units In Community:8,Transaction Broker Compensation:3.0%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,

  • Price $1,765,000.00
  • Price Change: 2024-01-11
  • Lot size sq. ft.
  • Price per sq.ft. $
  • Year Build 1940
  • Waterfront
  • View
  • Pool Yes
  • Style
  • Construction CBS Construction
  • Parking Description Other, On Street
  • Flooring Type Ceramic Floor, Tile, Wood
  • Property Type Commercial Sale
  • Status Active
  • Listed 2024-01-11
  • Days on Market 47
  • Furnished
  • City Miami Beach
  • Zip 33141
  • State Florida
  • Subdivision
  • Development Name
  • HOA Fees
  • Taxes 25341
  • Taxes Year 2023