Veterans: Check $0 Down Payment Requirements
$2,390,000

7124 Bay Dr, Miami Beach, FL 33141

  • 4,732 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1940
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $505/sqft
  • Property List Date Icon Listed 20 days ago

Property 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

Listing Status:
Active
Date Added:
January 7, 2026 at 06:00AM
Listing Office:
One Sotheby's International Realty : 305-935-0300
Listing Agent:
Brigitte Lina : 786-267-7320
MLS ID:
A11922740
  • General: Stairs
  • Flooring: OtherTileWood
  • A/C: Ceiling Fan(s)
  • Heating: Central
  • Roofing: Shingle
  • General: CBS Construction2
  • Originating MLS: Miami Association of REALTORS®
  • County: Miami-Dade County
  • Zoning: 4800OCEAN SIDE OF ISLE OF NORMANDY PB 25-60 LOT 5 LESS S50FT BLK 3 LOT SIZE 63.330 X 75 OR 23582-2898 07 2005 2 (2) COC 26296-4755 03 2008 202-32-10-013-0320
  • Water: Municipal Water
  • Sewer: Public Sewer
  • Source: Miami Association of REALTORS®

This listing courtesy of Brigitte Lina, One Sotheby's International Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

B

Biscayne Elementary School

800 77th St, Miami Beach, FL, 33141

Grades PK-5

0.36 miles away

M

Mater Academy Miami Beach

8625 Byron Ave, Miami Beach, FL, 33141

Grades KG-8

1.08 miles away

M

Mast@Fiu

3000 NE 151st St, North Miami, FL, 33181

Grades 9-12

3.88 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby