Miami Beach, FL

6932 Bay Dr, Miami Beach FL 33141

$1,599,999

Key Details

Status
Active
Property Type
Income/MultiFamily
Year Built
1937

Overview

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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