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Income/MultiFamily - for Sale

6932 BAY DR, MIAMI BEACH, FL 33141

Asking Price$1,599,999 Change Price$400,000

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  • Lot size 7000sqft
  • Taxes $10,976
  • Year Built 1937
  • Days on market:

    43 day(s)
  • Original Price:

    $1,999,999
  • Tax Legal Description:

    OCEAN SIDE SEC ISLE OF NORMANDY PB 25-60 LOT 13 BLK 5 LOT SIZE 50.000 X 140 OR 17496-3453 0197 1 COC 23705-2546 07 2005 1
  • Tax Year:

    2023
  • Property Type:

    Income/MultiFamily
  • Parking:

    Assigned Guest On Street
  • Inclusions:

    Building & Land,Leases
  • Lease Term Remaining:

    1 To 3 Year Lease
  • Construction Type:

    Cbs Construction
  • Roof:

    Shingle
  • Cooling Description:

    Central Individual A/COther
  • Floor Description:

    Tile
  • Special Listing Conditions:

    Sale
  • Lot Features:

    City Location

Description

$1,599,999

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!

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