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 With Contract
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Description

Listing price reduced for a quick sale. Seller motivated!. This well-maintained, income-producing, fully-rented Miami Beach multifamily. Perfect investment opportunity features 4 large studios & 4 one-bedroom units renovated throughout including fresh paint work inside and outside, full kitchens, nicely appointed bathrooms, new impact windows, new plumbing and independent recently installed split Air Conditioners for all units offering an appealing alternative for investors & renters. Centrally located at a corner lot in the exclusive Normandy Isles area, a tranquil neighborhood, with easy access and proximity to the beach, public transportation & easy street parking. 40 yrs certification completed, certificate available upon request. Call LA for Income & financial reports. Will not last!

By appointment only. Please do not disturb tenants. Email admin@blokhausre.com for financial reports also available at attachments section. For showings call Juan at +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

Listing price reduced for a quick sale. Seller motivated!. This well-maintained, income-producing, fully-rented Miami Beach multifamily. Perfect investment opportunity features 4 large studios & 4 one-bedroom units renovated throughout including fresh paint work inside and outside, full kitchens, nicely appointed bathrooms, new impact windows, new plumbing and independent recently installed split Air Conditioners for all units offering an appealing alternative for investors & renters. Centrally located at a corner lot in the exclusive Normandy Isles area, a tranquil neighborhood, with easy access and proximity to the beach, public transportation & easy street parking. 40 yrs certification completed, certificate available upon request. Call LA for Income & financial reports. Will not last!

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 With Contract,Year Built:1940,Inclusions:Building & Land,Leases, Leases,Postal Code:33141,Street Name:Bay Dr,Contingency:Pending Inspections,Coordinates:1:25.8564905,Photos Count:41,Building Name:Flamingo,Days On Market:81,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:Listing price reduced for a quick sale. Seller motivated!. This well-maintained, income-producing, fully-rented Miami Beach multifamily. Perfect investment opportunity features 4 large studios & 4 one-bedroom units renovated throughout including fresh paint work inside and outside, full kitchens, nicely appointed bathrooms, new impact windows, new plumbing and independent recently installed split Air Conditioners for all units offering an appealing alternative for investors & renters. Centrally located at a corner lot in the exclusive Normandy Isles area, a tranquil neighborhood, with easy access and proximity to the beach, public transportation & easy street parking. 40 yrs certification completed, certificate available upon request. Call LA for Income & financial reports. Will not last!,County Or Parish:Miami-Dade County,List Office Name:Blokhaus Real Estate + Investments Inc,Standard Status:Active Under Contract,Living Area Units:Square Feet,Major Change Type:Active Under Contract,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,Previous List Price:1799000,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:Listing price reduced for a quick sale. Seller motivated!. This well-maintained, income-producing, fully-rented Miami Beach multifamily. Perfect investment opportunity features 4 large studios & 4 one-bedroom units renovated throughout including fresh paint work inside and outside, full kitchens, nicely appointed bathrooms, new impact windows, new plumbing and independent recently installed split Air Conditioners for all units offering an appealing alternative for investors & renters. Centrally located at a corner lot in the exclusive Normandy Isles area, a tranquil neighborhood, with easy access and proximity to the beach, public transportation & easy street parking. 40 yrs certification completed, certificate available upon request. Call LA for Income & financial reports. Will not last!,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:2.0%,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.,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2024-03-30,Internet Address Display Y N:1,Number Of Units In Community:8,Transaction Broker Compensation:2.0%,Internet Entire Listing Display Y N:1,M I A M I R E_ Compensation Disclaimer:BBC: 2.0%, The offer of compensation is made only to participants of the MLS where the listing is filed.,Transaction Broker Compensation Type:%,

  • Price $1,765,000.00
  • Price Change: 2024-02-27
  • 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 With Contract
  • Listed 2024-02-27
  • Days on Market 150
  • Furnished
  • City Miami Beach
  • Zip 33141
  • State Florida
  • Subdivision
  • Development Name Flamingo
  • HOA Fees
  • Taxes 25341
  • Taxes Year 2023