Basic Information

  • MLS # A11924424
  • Type Commercial
  • Status
  • Subdivision/Complex
  • Year Built 1940
  • Total Sqft 5,250
  • Date Listed 12/23/2025
  • Days on Market 103
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

Exterior Features

  • Waterfront No
  • Pool No
  • Exterior Features Security High Impact Doors
  • Parking Spaces 0
  • Parking Description

Interior Features

  • Adjusted Sqft 5,250
  • Sqft 5,250

Property Features

  • Aprox. Lot Size 5,250
  • Furnished Info No
  • Short Sale Regular Sale
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $28,380
  • Tax Year 2024

7124 Bay Dr

Miami Beach, FL 33141

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: One Sotheby's International Realty. tel: 305-935-0300

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