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$2,790,000
Est. payment /mo
6,931 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,931 sqft
Price per Sqft $402
MLS Listing ID A11905482
HOA Y/N No
Year Built 1953
Annual Tax Amount $31,382
Tax Year 2024
Lot Size 6,931 Sqft
Property Sub-Type Multi Family
Property Description
Rare opportunity to own a 10-unit multifamily building in Miami Beach's sought-after Normandy Isle. Property features four 2BD/2BA and six 1BD/1BA units across two floors, plus an on-site leased laundry facility providing additional income. Ideally located near the beach, shopping, dining, and transit. Normandy Isle's limited land and strict zoning create strong barriers to entry, ensuring long-term value. Competitively priced per square foot and per door, this stabilized asset offers investors solid cash flow and excellent rent growth potential.
Location
State FL
County Miami-dade
Area 32
Interior
Heating None
Cooling Wall/Window Unit(s)
Flooring Tile
Exterior
Private Pool Yes
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Block
Others
Tax ID 02-32-10-012-0190
Ownership Corporation
Security Features Smoke Detector(s)
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Corporate Listing
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11905482
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Listed by Direct Realty Solutions