6932 Bay Dr, Miami Beach

$1,999,999

0 Bed
0 Bath
¼ Acre
0 Garage

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!

Essential Information
MLS® #A11577945
Price$1,999,999
Bathrooms0.00
Acres0.25
Year Built1937
TypeCommercial
Sub-TypeMulti Family
StatusActive
Community Information
Address6932 Bay Dr
Area32
CityMiami Beach
CountyMiami-Dade County
StateFL
Zip Code33141-5442
Amenities
ParkingAssigned, Guest, On Street
Interior
InteriorTile
CoolingCentral Air, Other
Exterior
RoofShingle
ConstructionBlock
Additional Information
Date ListedApril 30th, 2024
Days on Market18
Listing Details
Listing Courtesy ofCentury 21 Dorar Realty
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