About 7124 Bay Dr
Exceptional Turnkey Investment Opportunity in Miami Beach Fully leased 8-unit multifamily property offering strong income and long-term upside. The building comprises 4 studios and 4 1BD/1BA units, all well-maintained. Property highlights include: impact windows throughout, split A/C units in every apartment, full kitchens and updated bathrooms, and upgraded electrical and plumbing systems. Succesffully Completed 40-years certification. The property offers a compelling opportunity to optimize future rent in one of Miami Beach’s most sought-after neighborhoods. Highly desirable Normandy Isles neighborhood, minutes to the beach, public transportation, shops, restaurants, and major Miami destinations. High rental demand and low vacancy area.The neighborhood is transitioning from a somewhat quiet into a vibrant, upscale, and highly desirable upcoming luxury community
Features of 7124 Bay Dr
| MLS® # | A11922740 |
|---|---|
| USD | $2,140,000 |
| CAD | $2,958,764 |
| CNY | 元14,361,968 |
| EUR | €1,841,468 |
| GBP | £1,580,966 |
| RUB | ₽184,369,774 |
| Bathrooms | 0.00 |
| Square Footage | 4,732 |
| Year Built | 1940 |
| Type | Income |
| Sub-Type | Quadruplex |
| Style | Fourplex |
| Status | Active |
Community Information
| Address | 7124 Bay Dr |
|---|---|
| Area | 32 |
| Subdivision | OCEAN SIDE SEC-ISLE OF NO |
| City | Miami Beach |
| County | Miami-Dade |
| State | FL |
| Zip Code | 33141-5453 |
Amenities
| Utilities | Cable Available |
|---|---|
| Parking Spaces | 5250 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Hardwood, Other, Tile, Wood |
|---|---|
| Heating | Central |
| Cooling | Ceiling Fan(s) |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Exterior Features | Security/High Impact Doors, Patio |
|---|---|
| Roof | Shingle |
| Construction | Block |