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Multifamily in Miami Beach, FL 33141Isle Of Normandy, 2125 Bay Dr
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Closed
$580,000
2,255
SqFtStatus
Sold - Jun 10, 2021
Size
2,255 SqFt (209 m2)
Price
$257/SqFt ($2,769/m2)
Type
Multifamily
Built
1940
MLS Number
F10267318
On Site
2056 Days
Updated
3 Days ago
Page Views
0
VALUE IS IN THE LAND! Amazing investment opportunity. You can build a 10 unit building w/ parking & elevator in this desirable location of North Miami Beach near the Intercoastal! 6x2b/2b & 4x1b/1b est. $1.83 mil or 9 units with no parking/elevator for est. $1.4 mil. See plans attached for details. Seller spent $40k for architectural plans - can be transferred to buyer. Project verbally approved by the city in 2019, plans were not. Great location! Easy access to I95, direct access to 79th bridge, 1 block from Walgreens, gas station, supermarket & daycare, .5 mile to Normandy Isles Park & Pool, 1.5 miles to beach. Close to Normandy Shores Golf Course and restaurants. Triplex currently on land is a tear down or needs major repairs. Actual rental income: $3,850/month
Features
Bedrooms
Bathrooms
Exterior and Lot Features
- Exterior Features: OutdoorLivingArea, Porch, RoomForPool
Interior, Heating and Cooling
- Heating Description: Central, Electric, SeparateMeters
- Cooling Description: Electric
Building and Construction
- Floor Description: Other
- Year Built: 1940
Waterfront and Water Access
- Waterfront Frontage: Yes
School Information
Other Property Info
- Listing Date: 2021-01-28T17:26:27.000-00:00
Taxes, Fees & More
- Maintenance Includes: Water
- Taxes: 14957
- Total Floors in Building: 3
- Total Units in Building: 1
Apples-to-Apples Comparables
Price History
Date
Event
Price
Change
Price Per
04/26/2021
Listed
$580K
$257 ft2
$2,769 m2
04/26/2021
$580K
Event
Listed
Price Per
$257 ft2
$2,769 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Audrey Benassi • Keller Williams Realty Consultants • 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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