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7124 Bay Drive

Miami Beach, FL 33141
Square Ft.
4,732
Active
Commercial
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$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 and… Read MoreRead Less
Courtesy of Brigitte Lina, One Sotheby's International Realty 305-935-0300
Listing Snapshot
Days Online
59
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
$399k
-12%
(avg) sold price
24
-35%
homes sold
145
-3%
(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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Schools In The Area

Check out nearby schools with ratings and contact info.
Treasure Island Elementary School 305-865-3141 Public PK-5
Nautilus Middle School 305-532-3481 Public 6-8
Miami Beach Senior High School 305-532-4515 Public 9-12
Treasure Island Elementary School 305-865-3141 Public PK-5
Treasure Island Elementary School 305-865-3141 Public PK-5
Nautilus Middle School 305-532-3481 Public 6-8
Miami Beach Senior High School 305-532-4515 Public 9-12

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