Price Reduced 16.28%

$1,800,000 ($499.58 per sqft)

Est. Mortgage $9,460/mo *

Quick Pre-Approval

Price History

$2,150,000
11/3/2023

$2,100,000
1/16/2024

$1,990,000
2/4/2024

$1,800,000
3/17/2024


1735 Normandy Dr, Miami Beach, FL, 33141

1735 Normandy Dr, Miami Beach, FL, 33141

1953

Fourplex

3,603 sqft

We are thrilled to present an exclusive opportunity for investors at 1735 Normandy Drive. Recently fully rehabilitated, these four apartments boast a fresh, modern appeal, making them an excellent investment choice. Key Features: Recent Full Rehab: Plumbing, electricity, appliances, and flooring have all been newly renovated to high-end quality. Building: This established building has stood the test of time, offering a solid foundation for investment. Great opportunity SELLER FINANCE UP TO 50%Fully Rented: The entire building has recently been leased out, generating a monthly income of $9,000It is rented 15/25% below market value. Pro forma calculated by Miami Beach Housing 2024 PRO FORMA $10,500. MONTHLY RENT


Status:

Active

Type:

Multi-family

Zoning:

3900

Subdivision:

ISLE OF NORMANDY MIAMI VI

Heating:

Central

Cooling:

Central Air

Est. Taxes:

$12,216

Construction

Block

Utilities

Cable Not Available

Lot Description:

< 1/4 Acre

Days on Market:

177

Pool:

None

MLS #:

A11480360


Community Info

School Info

Walk Score

Yelp



Listing courtesy of Mia MGMT Group, LLC. Phone: 917-593-4004