Keith Redding
Price Reduced 8.37%
Price History
$2,390,000
1/7/2026
$2,290,000
2/4/2026
$2,190,000
3/19/2026
7124 Bay Dr, Miami Beach, FL, 33141
1940
Fourplex
4,732 sqft
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
Status:
Active
Type:
Multi-family
Zoning:
4800
Subdivision:
OCEAN SIDE SEC-ISLE OF NO
Heating:
Central
Cooling:
Ceiling Fan(s)
Parking:
5250-car
Est. Taxes:
$28,380
Construction
Block
Utilities
Cable Available
Lot Description:
< 1/4 Acre
Days on Market:
71
Pool:
None
MLS #:
A11922740
Community Info
School Info
Walk Score
Yelp
Listing courtesy of ONE SOTHEBY'S INTERNATIONAL REALTY 305-935-0300