Land in Miami Beach, FL 33141Isle Of Normandy, 2125 Bay Dr
Closed
Beds
0.18
Acre$3,222,222
$/AcreHigh-End LandProperty Type
0.18 AcresLot Size
$3,222,222/AcrePrice per acre
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
Listing Courtesy Of: Keller Williams Realty Consultants
Local Realty Services Provided By: Best of Luxury Realty
On Site: 2114 DaysUpdated: 173 Days agoPage Views: 0
Features
MLS Number: F10268534
All features
- Current Use: Other, Residential, SingleFamily, Unimproved
- Approx SqFt Total Area: 7789
- Property SqFt: 7789
- Remarks: 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
- Internet Remarks: 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
- Waterfront: No info
- Directions: West
- Days on Market: 96
- Closing Date: 2021-06-11
- Office Name: Keller Williams Realty Consultants
- Taxes: 14957
- Tax Year: 2020
- Listing Date: 2021-01-28T17:29:03.000-00:00
- Lot Size Square Feet: 7789
Apples-to-Apples Comparables
Price History
Date
Event
Price
Change
Price Per
04/26/2021
Listed
$580K
$74 ft2
$802 m2
04/26/2021
$580K
Event
Listed
Price Per
$74 ft2
$802 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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Community Snapshot
2 – 4 BR
Bedrooms
$725K – $5.5M
Price Tier
748 - 12,508
SqFt Range
1951
Year Build
5
Total Floors
178
Total Units
Subdivision Amenities
Elevators
Laundry
Maintenance
Pool
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