7124 Bay Dr, Miami Beach, FL 33141
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7124 Bay Dr, Miami Beach, FL 33141
7124 Bay Dr, Miami Beach, FL 33141
7124 Bay Dr, Miami Beach, FL 33141
7124 Bay Dr, Miami Beach, FL 33141
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Alex Mendel

Alex Mendel

+1(561) 827-8449
$ 2,140,000
Est. payment /mo
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7124 Bay Dr Miami Beach, FL 33141

4,732 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,732 sqft

Price per Sqft $452

Subdivision Ocean Side Sec-Isle Of No

MLS Listing ID A11922740

Style Fourplex

HOA Y/N No

Year Built 1940

Annual Tax Amount $28,380

Tax Year 2025

Property Sub-Type Quadruplex

Property Description

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

Location

State FL

County Miami-dade

Community Ocean Side Sec-Isle Of No

Area 32

Interior

Heating Central

Cooling Ceiling Fan(s)

Flooring Hardwood, Other, Tile, Wood

Exterior

Exterior Feature Security/High Impact Doors, Patio

Pool None

Utilities Available Cable Available

Roof Type Shingle

Porch Patio

Total Parking Spaces 5250

Private Pool No

Building

Lot Description < 1/4 Acre

Story 2

Sewer Public Sewer

Water Public

Architectural Style Fourplex

Level or Stories Two

Structure Type Block

Others

Tax ID 02-32-10-013-0320

Acceptable Financing Cash, Conventional, Cryptocurrency, FHA, VA Loan

Listing Terms Cash, Conventional, Cryptocurrency, FHA, VA Loan

Special Listing Condition Listed As-Is

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11922740

Miami Association of Realtors (SEFMIAMI MLS)
Listed by One Sotheby's International Realty

NEARBY SCHOOLS & PROPERTIES

Alex Mendel

Alex Mendel

Agent

+1(561) 827-8449

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7124 Bay Dr

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