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$2,099,999
Location, location, location! excellent investment opportunity in normandy isles... this 10-unit apartment building is located just a short walk from normandy isles retail row and is very close to the white sandy beaches of miami beach, a world-famous golf course, shopping centers, malls, night life, and downtown. savy investors may want to explore the option of converting this building to a short-term rental property and maximize returns. most of the current tenants have been here for 10+ years but are month to month. there is great potential to increase the rents to match the higher rates in this market. this building has passed the 40-year and 50-year recertification and has all licenses/permits/certifications up to date with the county/city. potential to go verticle up to 6 stories!Gelfand Realty Miami Properties for Sale - Commercial for Sale
Back 1936 NORMANDY DR #1-10, MIAMI BEACH, FL 33141
Commercial - ISLES OF NORMANDY for Sale
1936 NORMANDY DR #1-10, MIAMI BEACH, FL 33141Asking Price$2,099,999
- Lot size 6250sqft
- Taxes $27,900
- Year Built 1958
-
Days on market:
83 day(s) Original Price:
$2,099,999Tax Legal Description:
9-10 53 42 MIAMI VIEW SEC-ISLE OF NORMANDY PART 3 PB 40-33 LOT 10 BLK 36 LOT SIZE 50.000 X 125 OR 18923-2809 1299 1Tax Year:
2021-
MLS:
A11201794 -
Property Type:
Commercial -
Parking:
Common -
Inclusions:
Building & Land,Fixtures,Leases, Leases
Lease Term Remaining:
1 To 3 Year LeaseConstruction Type:
Cbs ConstructionConcrete Block ConstructionRoof:
Composition RollCooling Description:
Central Individual A/CWall/Window Unit(s)Heating Description:
Central Individual A/CWall/Window UnitsFloor Description:
TileSpecial Listing Conditions:
SaleLot Features:
In Residential Area
Description
Commercial - ISLES OF NORMANDY for Sale
1936 NORMANDY DR #1-10, MIAMI BEACH, FL 33141Asking Price$2,099,999
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