7124 BAY DR #8, Miami Beach
$2,190,000 USD
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| Address | 7124 BAY DR #8, Miami Beach |
| Building Name | OCEAN SIDE SEC-ISLE OF NO |
| Type of Property | Quadruplex |
| Property Style | Quadruplex |
| Price | $2,190,000 |
| Previous Price | $2,290,000 (14 days ago) |
| Property Status | Active |
| MLS Number | A11922740 |
| Living Area | 4732 |
| Year Built | 1940 |
| Parking Space Number | 5250 |
| Folio Number | 02-32-10-013-0320 |
| Zoning Information | 4800 |
| Days on Market | 85 |
Detailed 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
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Address Information
| State | Florida |
| City | Miami Beach |
| County | Miami-Dade County |
| Zip Code | 33141 |
| Address | 7124 BAY DR |
| Section | 10 |
| Zip Code (4 Digits) | 5453 |
Financial Information
| Price | $2,190,000 |
| Price per Foot | $0 |
| Previous Price | $2,290,000 |
| Folio Number | 02-32-10-013-0320 |
| Tax Amount | $28,380 |
| Tax Year | 2025 |
| Possession Information | Funding |
Full Descriptions
| Detailed 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 |
| Roof Description | Shingle |
| Floor Description | Other, Tile, Wood |
| Cooling Description | Ceiling Fan (s) |
| Heating Description | Central |
| Water Description | Municipal Water |
| Sewer Description | Public Sewer |
Property parameters
| Living Area | 4732 |
| Zoning Information | 4800 |
| Year Built | 1940 |
| Type of Property | Quadruplex |
| Style | Quadruplex |
| Building Name | OCEAN SIDE SEC-ISLE OF NO |
| Development Name | OCEAN SIDE SEC-ISLE OF NO |
| Construction Type | CBS Construction |
| Stories Number | 2.000 |
| Parking Space Number | 5250 |
| Listed with | One Sotheby’s International Realty |