Commercial Real Estate Property For Sale In Miami Beach

7124 Bay Dr Miami Beach, FL 33141
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$2,140,000

  • 1940 Year Built
  • Dec 03, 2025 Listing Date

MLS #

:

A11924424

Price

:

$2,140,000

Status

:

Listing Date

:

Dec 03, 2025

Square Footage

:

Not Available

County

:

Miami-Dade County

Square Footage

:

Not Available

Year Built

:

1940

Taxes

:

$28,380 Per Year

Waterfront

:

No

Virtual Tour

:

click here to view virtual tour

 

Remarks

:

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

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