2200 Bay Dr # 3, Miami Beach FL 33141

$375,000

$362/sq ft

$25,000
Price Increased

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Overview

Bedroom

2

Bath

2

Year Built

1951

Sqft

1035

Property Type

Condominium

Property Description

Investor Opportunity: Normandy Island. Enjoy stunning sunsets from this private 2-bed/2-bath, split-layout unit located on Bay Drive West, nestled on a quiet, no-outlet street. Could Rent for $3,000/month +/- fully renovated, or can be leased as-is for \$2,500/month +/-. Additional; low monthly maintenance, new seawall, dock, and pool, and the building has successfully passed the 40-year recertification, ensuring structural integrity and compliance. Near Golf, tennis & kid parks, safe community. Possible future developer land play opportunity with 2 four unit, single-level buildings and a 2 level building with 18-units, totaling 26 unit condominium. The entire property sits on approx. 35,000 SF with an impressive 220 feet of Biscayne Bay frontage. With $5 billion + in new construction underway in the area.

Property Details

MLS#

A11852415

Unit Floor

1

Total Floor in Bldg

1

Building

Joycia

Address

2200 Bay Dr

City

Miami Beach

State/county

FL

Zip/Postal Code

33141

Area

Joycia Apartments Condo,joycia

Country

United States

HOA

Yes

Assoc Fee

$873

Assoc Fee Pd

Monthly

Tax Amount

$350

Maint Fee

$873

Tax Year

2024

Washer/Dryer Leased

Bay

Garden View

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Boris Gelfand