Price Reduced 40.00%

$1,199,999

Pending

Est. Mortgage $6,227/mo *

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Price History

$1,999,999
4/30/2024

$1,599,999
6/10/2024

$1,199,999
10/15/2024

$1,599,999
10/16/2024

$1,199,999
10/16/2024

$1,599,999
10/17/2024

$1,199,999
10/17/2024

6932 Bay Dr, Miami Beach, FL, 33141

6932 Bay Dr, Miami Beach, FL, 33141
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1937

Introducing an exceptional investment opportunity in the heart of Normandy Isles! This multi-family property boasts 5 fully leased units, each contributing to a robust cash flow. With recent renovations including remodeled units 3 years ago and a replaced roof 5 years ago for unit 5, this property offers both stability & growth potential. The unit mix provides a diverse income stream, with 2 units currently generating $1600 ea., one unit at $1400, and 2 additional units at $1750 & $1837.50, located close to the beach & various shopping amenities. Lot offers opportunities for future expansion. Don't miss out on this rare chance to invest! Call today!

Status:

Pending

Type:

Commercial

Units:

5

Zoning:

3900

Garage:

Assigned, Guest, On Street

Cooling:

Central Air, Other

Parking:

8-car

Acreage:

0.25

Est. Taxes:

$10,976

Construction

Block

Days on Market:

184

Lease Term Type:

36 Months

MLS #:

A11577945

Community Info

School Info

Walk Score

Yelp

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Listing courtesy of Century 21 Dorar Realty Phone: 305-264-6000