Address1735 Normandy Dr, Miami Beach, FL, 33141-4739

Price$1,800,000

  • Residential Income
  • 3,603 SQ FT
  • Built in 1953

We are thrilled to present an exclusive opportunity for investors at 1735 Normandy Drive. Recently fully rehabilitated, these four apartments boast a fresh, modern appeal, making them an excellent investment choice. Key Features: Recent Full Rehab: Plumbing, electricity, appliances, and flooring have all been newly renovated to high-end quality. Building: This established building has stood the test of time, offering a solid foundation for investment. Great opportunity SELLER FINANCE UP TO 50%Fully Rented: The entire building has recently been leased out, generating a monthly income of $9,000It is rented 15/25% below market value. Pro forma calculated by Miami Beach Housing 2024 PRO FORMA $10,500. MONTHLY RENT

Essential Information

  • MLS® #A11480360
  • Price$1,800,000
  • Bathrooms0.00
  • Square Footage3,603
  • Acres0.00
  • Price/SqFt$500 USD
  • Year Built1953
  • TypeResidential Income
  • Sub-TypeQuadruplex
  • StyleFourplex
  • StatusActive

Community Information

  • Address1735 Normandy Dr
  • Area32
  • SubdivisionISLE OF NORMANDY MIAMI VI
  • CityMiami Beach
  • CountyMiami-Dade County
  • StateFL
  • Zip Code33141-4739

Amenities

  • UtilitiesCable Not Available

Interior

  • InteriorOther
  • HeatingCentral
  • CoolingCentral Air
  • # of Stories1
  • StoriesOne

Exterior

  • RoofOther
  • ConstructionBlock

Additional Information

  • Date ListedNovember 3rd, 2023
  • Days on Website244

Listing Details

  • OfficeMia MGMT Group, LLC.
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Price Change History for 1735 Normandy Dr, Miami Beach, FL (MLS® #A11480360)

Date Details Change
Price Reduced from $1,990,000 to $1,800,000 $190,000 (9.55%)
Price Reduced from $2,100,000 to $1,990,000 $110,000 (5.24%)
Price Reduced from $2,150,000 to $2,100,000 $50,000 (2.33%)

Similar Listings To: 1735 Normandy Dr, Miami Beach

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