- $2,290,000
Overview
- 4732 Square Feet
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
Details
Updated on February 5, 2026 at 6:26 am-
MLS ID A11922740
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Price $2,290,000
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Property Size 4732 Square Feet
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Year Built 1940
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Property Type Quadruplex
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Property Status Residential Income
Additional details
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MLS Status Active
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Building Name OCEAN SIDE SEC-ISLE OF NO
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Total Building Area 4732
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Building Area Units Square Feet
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Cooling Ceiling Fan(s)
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Heating Central
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Flooring Other, Tile, Wood
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Roof Shingle
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Patio And Porch Features Patio
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Parking Total 5250
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Construction Materials CBS Construction
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Stories 2
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Lot Features Less Than 1/4 Acre Lot
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Lot Size Square Feet 0
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Style Fourplex
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Rent Includes Gardener, Sewer, Trash Collection, Water
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Sewer Public Sewer
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Water Source Municipal Water
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Type of Association None
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Zoning 4800
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Tax Annual Amount 28380
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Tax Year 2025
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Possession Funding
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Days On Market 28
Address
Open on Google Maps-
Address: Bay Dr
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City: Miami Beach
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State/county: Miami-Dade County
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Zip/Postal Code: 33141
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