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$2,140,000

7124 Bay Dr, Miami Beach, 33141

4,732
sqft
  • Quadruplex
  • Built in 1940
  • $452/sqft

Courtesy of One Sotheby's International Realty

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

Basic Information

MLS #:
A11922740
Year Built:
1940
Type:
Quadruplex
Status:
Active
Date Listed:
01/07/2026

Interior Features

Adjusted Sqft:
4,732 Sq.Ft

Property Features

City:
Miami Beach
County:
Miami-Dade County
Type of Property:
Quadruplex