7124 Bay Drive, Miami Beach, FL 33141
- $2,140,000
- 4,732
- SqFt
- List Price
- $2,140,000
- Days on Market
- 217
- MLS#
- A11922740
- Sq. Ft
- 4,732
- Subtype
- Quadruplex
- County
- Miami-Dade
- Subdivision
- Ocean Side Sec-Isle Of No
- Year Built
- 1940
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
Additional Information
- Construction
- Block
- Cooling
- Ceiling Fan(s)
- Flooring
- Other, Tile, Wood
- Heating
- Central, Separate Meters
- Roof
- Shingle
- Taxes
- $28,380
- Utilities
- Cable Available
- Stories
- 2
- Price Per Sqft
- $452
- Elementary School
- Treasure Island
- Middle School
- Miami Beach Nautilus
- High School
- Miami Beach
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Listing courtesy of One Sotheby's International Realty. Contact:
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: Brigitte Lina | Email: brigitte@brigittelina.com