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6932 Bay Dr, Miami Beach, Florida 33141

Active For Sale
$1,999,999
  • Beds 0
  • Baths 0
  • Sq Ft 0 Sqft
  • Visits: 29 in 367 days

Description

Introducing an exceptional investment opportunity in the heart of Normandy Isles! This multi-family property boasts 5 fully leased units, each contributing to a robust cash flow. With recent renovations including remodeled units 3 years ago and a replaced roof 5 years ago for unit 5, this property offers both stability & growth potential. The unit mix provides a diverse income stream, with 2 units currently generating $1600 ea., one unit at $1400, and 2 additional units at $1750 & $1837.50, located close to the beach & various shopping amenities. Lot offers opportunities for future expansion. Don’t miss out on this rare chance to invest! Call today!

Features

  • Cooling System: Other, Central Air
  • Security: Smoke Detector(s), Security System
  • Parking: Assigned, Guest, On Street

Address Map

  • Country: US
  • State: FL
  • County: Miami-Dade
  • City: Miami Beach
  • Zipcode: 33141
  • Street: Bay Dr
  • Street Number: 6932
  • Floor Number: 0
  • Longitude: W81° 52′ 20.8”
  • Latitude: N25° 51′ 17.6”
  • MLS Area: 32

MLS Addon

  • Association Fee: $0
  • Close Price: $0
  • Flooring: Tile
  • Insurance Expense: $1,600
  • Listing Terms: Cash, Other, Conventional
  • New Taxes Expense: $0
  • Tax Annual Amount: $10,976
  • Tax Year: 2023

Location

Listing Updated: 2024-05-05 01:55:35

  • Property Type : Commercial Sale
  • Property Sub Type : Multi Family
  • Listing Type : For Sale
  • Listing ID : A11577945
  • Price : $1,999,999
  • View : Garden,other
  • Bedrooms : 0
  • Bathrooms : 0
  • Half Bathrooms : 0
  • Square Footage : 0 Sqft
  • Year Built : 1937
  • Lot Area : 0.25 Acre
  • Listing Status : Active
  • Days On Market : 36
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