7124 Bay Dr, Miami Beach, FL 33141
Local realty services provided by:CENTURY 21 North East
Listed by: brigitte lina, charlotte gleichgevicht
Office: one sotheby's international realty305-935-0300
MLS#:A11922740
Source:SEFMLS
Price summary
- Price:$2,140,000
- Price per sq. ft.:$452.24
About this home
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
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Home facts
- Year built:1940
- Listing ID #:A11922740
- Updated:July 22, 2026 at 09:59 AM
Rooms and interior
- Flooring:Hardwood, Tile, Wood
- Living area:4,732 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans
- Heating:Central
Structure and exterior
- Roof:Shingle
- Year built:1940
- Building area:4,732 sq. ft.
- Architectural Style:Fourplex
- Construction Materials:Block
- Exterior Features:Patio, Security High Impact Doors
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,140,000
- Price per sq. ft.:$452.24
- Tax amount:$28,380 (2025)
Parking
- Total parking spaces:5250
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