7124 Bay Dr Miami Beach, FL $ 1,765,000
7124 Bay Dr
$ 1,765,000
Share Save

7124 Bay Dr

Miami Beach, FL, 33141
$ 1,765,000
Baths0.0 Sq 4,732

Monthly Estimate*

$ 11,731

7124 Bay Dr, Miami Beach, FL 33141 - Image 1
7124 Bay Dr, Miami Beach, FL 33141 - Image 2
7124 Bay Dr, Miami Beach, FL 33141 - Image 3
7124 Bay Dr, Miami Beach, FL 33141 - Image 4
7124 Bay Dr, Miami Beach, FL 33141 - Image 5
7124 Bay Dr, Miami Beach, FL 33141 - Image 6
7124 Bay Dr, Miami Beach, FL 33141 - Image 7
7124 Bay Dr, Miami Beach, FL 33141 - Image 8
7124 Bay Dr, Miami Beach, FL 33141 - Image 9
7124 Bay Dr, Miami Beach, FL 33141 - Image 10
7124 Bay Dr, Miami Beach, FL 33141 - Image 11
7124 Bay Dr, Miami Beach, FL 33141 - Image 12
7124 Bay Dr, Miami Beach, FL 33141 - Image 13
7124 Bay Dr, Miami Beach, FL 33141 - Image 14
7124 Bay Dr, Miami Beach, FL 33141 - Image 15
7124 Bay Dr, Miami Beach, FL 33141 - Image 16
7124 Bay Dr, Miami Beach, FL 33141 - Image 17
7124 Bay Dr, Miami Beach, FL 33141 - Image 18
7124 Bay Dr, Miami Beach, FL 33141 - Image 19
7124 Bay Dr, Miami Beach, FL 33141 - Image 20
7124 Bay Dr, Miami Beach, FL 33141 - Image 21
7124 Bay Dr, Miami Beach, FL 33141 - Image 22
7124 Bay Dr, Miami Beach, FL 33141 - Image 23
7124 Bay Dr, Miami Beach, FL 33141 - Image 24
7124 Bay Dr, Miami Beach, FL 33141 - Image 25
7124 Bay Dr, Miami Beach, FL 33141 - Image 26
7124 Bay Dr, Miami Beach, FL 33141 - Image 27
7124 Bay Dr, Miami Beach, FL 33141 - Image 28
7124 Bay Dr, Miami Beach, FL 33141 - Image 29
7124 Bay Dr, Miami Beach, FL 33141 - Image 30
7124 Bay Dr, Miami Beach, FL 33141 - Image 31
7124 Bay Dr, Miami Beach, FL 33141 - Image 32
7124 Bay Dr, Miami Beach, FL 33141 - Image 33
7124 Bay Dr, Miami Beach, FL 33141 - Image 34
7124 Bay Dr, Miami Beach, FL 33141 - Image 35
7124 Bay Dr, Miami Beach, FL 33141 - Image 36
7124 Bay Dr, Miami Beach, FL 33141 - Image 37
7124 Bay Dr, Miami Beach, FL 33141 - Image 38
7124 Bay Dr, Miami Beach, FL 33141 - Image 39
7124 Bay Dr, Miami Beach, FL 33141 - Image 40
7124 Bay Dr, Miami Beach, FL 33141 - Image 41
View a Virtual Tour
Studio

Commercial Property for sale in Miami Beach, FL

for $1,765,000. This 4,732 square foot building was built in 1940 on a lot size of 0.120523.

Listing price reduced for a quick sale. Seller motivated!. This well-maintained, income-producing, fully-rented Miami Beach multifamily. Perfect investment opportunity features 4 large studios & 4 one-bedroom units renovated throughout including fresh paint work inside and outside, full kitchens, nicely appointed bathrooms, new impact windows, new plumbing and independent recently installed split Air Conditioners for all units offering an appealing alternative for investors & renters. Centrally located at a corner lot in the exclusive Normandy Isles area, a tranquil neighborhood, with easy access and proximity to the beach, public transportation & easy street parking. 40 yrs certification completed, certificate available upon request. Call LA for Income & financial reports. Will not last!

See more

Commercial Contingent

Price

$ 1,765,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 25,341

Style

MultiFamily

Lot Size

0.120523

Year Built

1940

Town/City

Miami Beach

County/Region

Miami-Dade

MLS | Web ID

A11512993

Features
General
Heating Central
Cooling CentralAir
Possession CloseOfEscrow
Roof Shingle WoodTrusses
Security Features SmokeDetectors
Construction Materials Block
Year Built 1940
Stories 2
Levels Two
Property SubType MultiFamily
Tax Year 2023
Building Name Flamingo
County Miami-Dade County
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Contingency Pending Inspections
Garage Y/N N
Status ActiveUnderContract
City Miami Beach
View Y/N N
Senior Community Y/N N
Zoning Description 4800
NumberOfUnitsTotal 8
MLS Area 32
Lot Size Units SquareFeet
Lot Size Square Feet 5250.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Bay Dr
Listing Terms Cash Conventional
Property Attached Y/N N
Year Built Details Resale
Land Lease Y/N N
Tax Annual Amount 25341.0
Home Warranty Y/N N
Ok to Lease Item36Months
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11512993
Days on Market 81
Structure Type MultiFamily
Standard Status ActiveUnderContract
Occupancy Type Tenant
Property Sub Type Additional MultiFamily
Legal Description OCEAN 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 2
See more
Interior
Flooring CeramicTile Tile Wood
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features ImpactGlass
Fireplace Y/N N
Electric On Property Y/N N
Total Baths 0
See more
Exterior
Parking Features Other OnStreet
Water Source Public
Lot Size Area 5250.0
Number of Buildings 1
Spa N
Building Area Total 4732.0
Covered Spaces 0.0
Number of Separate Electric Meters 9
Road Frontage Type CityStreet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
See more
Internal Only
Street Number 1 7124
See more
* Excluded Features
List By
Blokhaus Real Estate + Investments Inc

Broker

juan@blokhausre.com

Email

Affordability Calculator

$13,842
Per Month
85%
15%
0%
Monthly Principal & Interest
$11,731
Monthly Property Taxes
$2,112
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
292769 Elementary School
292996 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/27/2024$1,765,000 -1.89% Price Down
2/12/2024$1,799,000 -7.74% Price Down
1/17/2024$1,950,000 Listed Price

Map


See all

7124 Bay Dr, Miami Beach, FL, 33141 is a Commercial Property for sale at $1,765,000 with 4,732 sqft and a lot size of 0.120523. 7124 Bay Dr is a studio with 0.0 baths and was built in 1940. The property's zip code is 33141 which is in Miami Beach, FL