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Multifamily in Miami Beach, FL 33141Isle Of Normandy, 1735 Normandy Dr
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OFF MARKET
3,603
SqFtStatus
OFF MARKETExpired
Size
3,603 SqFt (335 m2)
Price
$500/SqFt ($5,378/m2)
Type
Multifamily
Built
1953
MLS Number
A11480360
On Site
1047 Days
Updated
714 Days ago
Page Views
0
We are thrilled to present an exclusive opportunity for investors at 1735 Normandy Drive. Recently fully rehabilitated, these four apartments boast a fresh, modern appeal, making them an excellent investment choice. Key Features: Recent Full Rehab: Plumbing, electricity, appliances, and flooring have all been newly renovated to high-end quality. Building: This established building has stood the test of time, offering a solid foundation for investment. Great opportunity SELLER FINANCE UP TO 50%Fully Rented: The entire building has recently been leased out, generating a monthly income of $9,000It is rented 15/25% below market value. Pro forma calculated by Miami Beach Housing 2024 PRO FORMA $10,500. MONTHLY RENT
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Interior, Heating and Cooling
- Heating Description: Central
- Cooling Description: CentralAir
Building and Construction
- Floor Description: Other
- Year Built: 1953
- Year Built Description: Resale
- Style: Fourplex
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2023-11-03T10:20:48.000-00:00
Taxes, Fees & More
- Taxes: 12216
Apples-to-Apples Comparables
Price History
Current
$1.8M
High
$2.2M
Low
$1.8M
Total Change
-16.3%Date
Event
Price
Change
Price Per
03/17/2024
Price Reduced
$1.8M
-9.55%$500 ft2
$5,378 m2
02/04/2024
Price Reduced
$2M
-5.24%$552 ft2
$5,945 m2
01/15/2024
Price Reduced
$2.1M
-2.33%$583 ft2
$6,274 m2
11/03/2023
Listed
$2.2M
$597 ft2
$6,423 m2
03/17/2024
$1.8M
Event
Price Reduced
Change
-9.55%Price Per
$500 ft2
$5,378 m2
02/04/2024
$2M
Event
Price Reduced
Change
-5.24%Price Per
$552 ft2
$5,945 m2
01/15/2024
$2.1M
Event
Price Reduced
Change
-2.33%Price Per
$583 ft2
$6,274 m2
11/03/2023
$2.2M
Event
Listed
Price Per
$597 ft2
$6,423 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Nicolas Vicente • Mia MGMT Group, LLC. • Buyer Agency Compensation .
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Scores
56
100
36
100
62
100
74
100
0
100
33
100
0
100
Community Snapshot
2 – 4 BR
Bedrooms
$725K – $13M
Price Tier
748 - 12,508
SqFt Range
1952
Year Build
5
Total Floors
178
Total Units
Subdivision Amenities
Elevators
Laundry
Maintenance
Pool
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.
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