Closed

Isle Of Normandy, 7115 Rue Granville, Miami Beach, FL 33141

1,649,000(-13.58% )
$1,425,000Price
4,524SqFt

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Details

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Status:
Sold - Sep 06, 2024
Size: 4,524 SqFt (420 m2)
Price: $315/SqFt ($3,391/m2)
Type: Multi Family
Built: 1947
MLS Number: F10435850
On Site: 462 Days
Updated: 315 Days ago
Page Views: 0
Location! Location! Location! Miami beach 4plex, all large 2 bed 2 bath units in one of miami's exclusive areas, normandy isles! Located about a mile from miami sandy beaches & surrounded by beautiful biscayne bay. Normandy isles also has community parks, pool + normandy shores golf course & so much more. Making this property ideal for possible air bnb, annual rental or owner occupant. Property has an additional bonus lot to possibly expand the building, add a pool or for possible additional units. All 4 units have separate electric meters. Current rents are below market. Projected annual gross income is $132,000 +/- (including coin laundry). Estimated annual expenses are $37,482 +/-. Expenses include taxes:$14,382 landscaping: $3,000 estimated insurance: $7,500 water: $6,000 trash: $6,600
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: Balcony,Fence
      Interior, Heating and Cooling
      • Heating Description: None
      • Cooling Description: CeilingFans, WallWindowUnits
      Building and Construction
      • Floor Description: Tile
      • Windows/Treatment: Blinds
      • Year Built: 1947
      • Year Built Description: Resale
      • Style: Fourplex
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2024-04-24T12:10:15.000-00:00
        Taxes, Fees & More
        • Taxes: 13934
        • Total Units in Building: 4

        Price History

        09/06/2024

        Date

        Sold

        Event

        $1.4M

        Price

        -13.58%

        Change Rate

        $315 ft2 / $3,391 m2

        Price Per

        06/05/2024

        Date

        Price Reduced

        Event

        $1.6M

        Price

        -2.89%

        Change Rate

        $365 ft2 / $3,923 m2

        Price Per

        04/24/2024

        Date

        Listed

        Event

        $1.7M

        Price

        $375 ft2 / $4,040 m2

        Price Per

        Price per square foot and days on website are not provided values and are calculated by Subdivisions.

        Listed by Carlos MontoyaFidelity Real Estate Group LLC • Buyer Agency Compensation .

        Instant Comps

        $200/ft²
        $600/ft²
        $1,000/ft²
        $1,500/ft²

        Unit 7115 Rue Granville – Asking

        $315/ft²

        (-30%) from Closed Medium $/ft²

        Closed Medium $/ft²

        $452/ft²
        Community $/Price Range (Closed) $315/ft² – $1371/ft²
        No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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