ActiveMLS# 1149794758300 days on market
$2,140,000
7124 Bay Drive
Miami Beach, FL, 33141
0Bedrooms
0Bathrooms
—Sq Ft
1940Year Built
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About This Property

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

Key Features

  • 5,250 sq ft Lot
  • Built in 1940

Property Details

  • Type: Single Family Home
  • Year Built: 1940
  • Lot Size: 5,250 sq ft
  • HOA: Contact Agent
  • Bedrooms: 0
  • Bathrooms: 0
  • Feature: 5,250 sq ft Lot
  • Feature: Built in 1940
  • Status: Active
  • MLS Number: 1149794758
  • Days on Market: 300
  • Listed By: One Sotheby's International Realty · Brigitte Lina
  • Zip Code: 33141
Listing information © 2026 Miami MLS. Information deemed reliable but not guaranteed. This listing is represented by TruDeals Realty at 0.5% seller commission. Buyer's agent commission is separate and negotiable.
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$2,140,0007124 Bay Drive, Miami Beach, FL
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