Address6932 Bay Dr, Miami Beach, FL, 33141-5442

Price$1,599,999

  • Commercial Sale
  • Built in 1937

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$1,599,999
  • Bathrooms0.00
  • Acres0.25
  • Year Built1937
  • TypeCommercial Sale
  • 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 Website65

Listing Details

  • OfficeCentury 21 Dorar Realty
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Price Change History for 6932 Bay Dr, Miami Beach, FL (MLS® #A11577945)

Date Details Change
Price Increased from $159,999 to $1,599,999 $1,440,000 (900.01%)
Price Reduced from $1,999,999 to $159,999 $1,840,000 (92.00%)

Similar Listings To: 6932 Bay Dr, Miami Beach

Community Listings

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