6932 Bay Dr, Miami Beach FL, 33141

Active

6932 Bay Dr

Miami Beach FL, 33141

$1,999,999

$870.70 per sqft

Active

2,297 sqft

Commercial

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!

A11577945

MLSⓇ ID

April 30, 2024

Listed

May 9, 2024

Updated

Map

6932 Bay Dr
Miami Beach FL, 33141

Interior Features

Floor Description: Tile
Fireplace: No
Cooling: Yes
Cooling Description: Central Individual A/C, Other
Heating: No

Exterior/Building Features

Lot Size: 0.16 Acres
Lot Features: City Location
Roof: Shingle
Sewer: Public Sanitation

Other Property Details

Taxes: $10,976
Tax Frequency: Annually
Days on Market: 4
Garage: No
Parking: Assigned, Guest, On Street
Parking Total: 8
View: No
County: Miami-Dade County
Water Source: Public
Pool: No
Zoning: 3900
Buyer Agency Compensation: 2.5%

Listed by: Century 21 Dorar Realty
Listing Contact: 786-376-7182

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated 4:47 AM UTC, 5/9/2024.