1235 Normandy Dr ,Free Standing, Income Non-waterfront, Residential-multi-family for Sale & Rent

1235 Normandy Dr for Sale & Rent

Price $2,100,000.00

• Lot size 7918
• Year Build 1957
• Waterfront
• Zip 33141
• Style
• Parking Description On Street
• Pool Yes
• Status Pending

Description

DO NOT DISTURB TENANTS-Exceptional 10-unit multifamily investment opportunity in Miami Beach?s sought-after Normandy Isles?priced below recent sales averages. This 100% occupied building features 10 1-bed/1-bath units, all benefiting from a new roof, updated electric panel, and a new water heater. 1235 Normandy Drive offers prime proximity to popular shopping centers, tennis courts, top-rated schools, and the pristine shores of North Beach. Commuters enjoy easy access to major thoroughfares and Miami International Airport, while Lincoln Road, Ocean Drive, and Miami Beach Golf Club are just minutes away. Seize the chance to secure solid rental income or position yourself for future appreciation in a thriving neighborhood.

Please see attached Property Financials Summary

ISLE OF NORMANDY OCEAN SIDE & TROUVILLE SECS 2ND REV PB 40-35 LOT 37 BLK 9 LOT SIZE 50.000 X 125 OR 14876-2196 0191 1

City Location, In Residential Area

DO NOT DISTURB TENANTS-Exceptional 10-unit multifamily investment opportunity in Miami Beach?s sought-after Normandy Isles?priced below recent sales averages. This 100% occupied building features 10 1-bed/1-bath units, all benefiting from a new roof, updated electric panel, and a new water heater. 1235 Normandy Drive offers prime proximity to popular shopping centers, tennis courts, top-rated schools, and the pristine shores of North Beach. Commuters enjoy easy access to major thoroughfares and Miami International Airport, while Lincoln Road, Ocean Drive, and Miami Beach Golf Club are just minutes away. Seize the chance to secure solid rental income or position yourself for future appreciation in a thriving neighborhood.

City:Miami Beach,Zoning:4800,List A O R:A-Miami Association of REALTORS,Stories:2,Electric:1:440 Volts,2:Separate Meters,Latitude:25.8556063,Cooling Y N:1,Heating Y N:1,Lease Term:1 To 3 Year Lease,Month To Month,List Price:2100000,Listing Id:A11745780,Longitude:-80.1323766,Mls Status:Pending,Ownership:Self Proprietor/Individual,Year Built:1957,Inclusions:Building & Land,Fixtures,Leases,License, Leases,Postal Code:33141,Street Name:Normandy Dr,Tenant Pays:1:Gas,Contingency:No Contingencies,Coordinates:1:25.8556063,Lot Features:1:In Residential Area,Photos Count:10,Days On Market:34,Listing Terms:1:Conventional/Refinance,Lot Size Units:Square Feet,M I A M I R E_ Area:32,On Market Date:2025-02-19,Parcel Number:02-32-10-012-0460,Property Type:Commercial Sale,Stories Total:2,Street Number:1235,Off Market Date:2025-03-25,Open Parking Y N:1,Public Remarks:DO NOT DISTURB TENANTS-Exceptional 10-unit multifamily investment opportunity in Miami Beach?s sought-after Normandy Isles?priced below recent sales averages. This 100% occupied building features 10 1-bed/1-bath units, all benefiting from a new roof, updated electric panel, and a new water heater. 1235 Normandy Drive offers prime proximity to popular shopping centers, tennis courts, top-rated schools, and the pristine shores of North Beach. Commuters enjoy easy access to major thoroughfares and Miami International Airport, while Lincoln Road, Ocean Drive, and Miami Beach Golf Club are just minutes away. Seize the chance to secure solid rental income or position yourself for future appreciation in a thriving neighborhood.,County Or Parish:Miami-Dade County,List Office Name:Shelton and Stewart REALTORS,Private Remarks:Please see attached Property Financials Summary,Standard Status:Pending,Living Area Units:Square Feet,Major Change Type:Pending,Postal Code Plus4:3655,Property Sub Type:Income/MultiFamily,State Or Province:FL,Tax Annual Amount:39394,Unparsed Address:1235 Normandy Dr, Miami Beach FL 33141,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:7918,Building Area Units:Square Feet,Lease Considered Y N:1,Lot Size Square Feet:6250,M I A M I R E_ For Sale Y N:1,Number Of Buildings:1,Original List Price:2100000,Public Survey Range:32,Documents Available:1:Rent Rolls,I D X Participation Y N:1,Syndication Remarks:DO NOT DISTURB TENANTS-Exceptional 10-unit multifamily investment opportunity in Miami Beach?s sought-after Normandy Isles?priced below recent sales averages. This 100% occupied building features 10 1-bed/1-bath units, all benefiting from a new roof, updated electric panel, and a new water heater. 1235 Normandy Drive offers prime proximity to popular shopping centers, tennis courts, top-rated schools, and the pristine shores of North Beach. Commuters enjoy easy access to major thoroughfares and Miami International Airport, while Lincoln Road, Ocean Drive, and Miami Beach Golf Club are just minutes away. Seize the chance to secure solid rental income or position yourself for future appreciation in a thriving neighborhood.,Listing Contract Date:2025-02-19,Originating System I D:miamire,Public Survey Section:10,Showing Instructions:No Sign,See Broker Remarks,Street Number Numeric:1235,Tax Legal Description:ISLE OF NORMANDY OCEAN SIDE & TROUVILLE SECS 2ND REV PB 40-35 LOT 37 BLK 9 LOT SIZE 50.000 X 125 OR 14876-2196 0191 1,Electric On Property Y N:1,Public Survey Township:32,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:Exceptional 10-unit multifamily investment opportunity in Miami Beach?s sought-after Normandy Isles?priced below recent sales averages.,Contract Status Change Date:2025-03-25,Internet Address Display Y N:1,Number Of Units In Community:10,M I A M I R E_ Ok To Advertise List:With Written Broker Approval,Internet Entire Listing Display Y N:1,