7124 Bay Dr, Miami Beach, FL 33141
- 4,732 sqft
Multi-Family Home 
Built in 1940 
—— sqft lot 
—— car garage 
$452/sqft 
Listed 5 months ago
Property Description
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
- Listing Status:
- Active
- Date Added:
- January 7, 2026
- Data Last Updated:
- June 20, 2026 at 4:08AM
- Listing Office:
- One Sotheby's International Realty : 305-935-0300
- Listing Agent:
- Brigitte Lina : 786-267-7320
- MLS ID:
- A11922740
- Other Structures: Patio
- Parking: Parking spaces: 5250
- Roofing: Shingle
- General: CBS Construction2
- Originating MLS: Miami Association of REALTORS®
- County: Miami-Dade County
- Zoning: 4800OCEAN SIDE OF ISLE OF NORMANDY PB 25-60 LOT 5 LESS S50FT BLK 3 LOT SIZE 63.330 X 75 OR 23582-2898 07 2005 2 (2) COC 26296-4755 03 2008 202-32-10-013-0320
- Water: Municipal Water
- Sewer: Public Sewer
- Source: Miami Association of REALTORS®
This listing courtesy of Brigitte Lina , One Sotheby's International Realty
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
