No photos available
Offered at
$2,140,000
7124 Bay Drive, Miami Beach, FL 33141
- 0
- Beds
- 0
- Full Baths
- 4,732
- Sq.Ft.
Listing courtesy of Brigitte Lina, One Sotheby's International Realty
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
Overview
At a glance
- Property Type
- Residential Income
- Property Sub-Type
- Quadruplex
- Address
- 7124 Bay Drive, Miami Beach, FL 33141
- Zoning
- 4800
- MLS ID
- A11922740
- Listing Date
- 2026-01-07
- Last Updated
- 6/12/2026, 4:19:54 AM
- Days on Market
- 156
- Subdivision
- OCEAN SIDE SEC-ISLE OF NO
Features & Amenities
The Details
Interior
- Flooring
- Other, Tile, Wood
Exterior
- Construction
- CBS
- Patio & Porch
- Patio
- Water Source
- Public
- Sewer
- Public Sewer
- Utilities
- Cable Available
- Cooling
- Ceiling Fan(s)
- Heating
- Central, Separate Meters
Details
- Building Area
- 4,732 sq.ft.
- Subdivision
- OCEAN SIDE SEC-ISLE OF NO
- Stories
- 2
- Year Built
- 1940
- County
- Miami-Dade
- Zoning
- 4800
Financial
- List Price
- $2,140,000
- Original List Price
- $2,390,000
- Annual Tax
- $28,380/yr
- Tax Year
- 2025
Location
Inquire
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Learn More →Information & Accuracy
All information provided on this page is deemed reliable but is not guaranteed. Square footage, lot size, room dimensions, year built, taxes, and HOA figures are sourced from the MLS, the seller, or public records, and Aquantis Realty makes no representation or warranty as to their accuracy. All measurements and material facts should be independently verified by the buyer.