7124 Bay Dr , Miami Beach, FL 33141
- $2,140,000
- $2,190,000
Overview
- Quadruplex, Residential Income
- 4732 Sqft
- 1940
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
Address
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Address: 7124 Bay Dr
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City: Miami Beach
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State/county: FL
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Zip/Postal Code: 33141
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Area: OCEAN SIDE SEC-ISLE OF NO
Details
Updated on April 13, 2026 at 7:07 pm-
Property ID MSA11922740
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Price $2,140,000
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Property Size 4732 Sqft
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Garage Size x x
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Year Built 1940
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Property Type Quadruplex, Residential Income
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Property Status Active
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MLS# A11922740
Additional details
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Listing Terms Cash,Conventional,Cryptocurrency,FHA,VA Loan
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Roof Shingle
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Utilities Cable Available
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Sewer Public Sewer
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Cooling Ceiling Fan(s)
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Heating Central
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Flooring Hardwood, Other, Tile, Wood
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County Miami-Dade
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Property Type Residential Income
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Pool None
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Architectural Style Fourplex
Features
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Down Payment
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Monthly HOA Fees