7124 Bay Drive

Miami Beach, FL 33141
Square Ft.
4,732
$2,140,000
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 andRead MoreRead Less
Courtesy of One Sotheby's International Realty 305-935-0300
Listing Snapshot
Days Online
211
Last Updated
Property Type
Multi Family
Square Ft.
4,732
Lot Size
0.12 Acres
Year Built
1940
MLS Number
A11924424
30 Days Snapshot Of 33141
$647k
-12%
(avg) sold price
13
+550%
homes sold
125
-51%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road frontage type: "City Street"
Building
Built in 1940, Construction materials: "CBS", Toal building area: 4732, 7 total units
Expenses
Insurance: $9,000, Maintenance: $1,800
Floors
"Tile", "Wood"
Lot
0.12 acres
Property
Zoning: 4800
Roof
"Tile"
Security Features
"Security System", "Smoke Detector(s)"
Taxes
Annual amount: $28,380
Tenant Pays
"Electricity", "HVAC Maintenance", "Interior Electric", "Maintenance"
Utilities
"110 Volts", "Sewer Available"
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Monthly Payment
$0
Benjamin Rainey-Wright
Realtor
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