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
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Carlos Montoya • Fidelity Real Estate Group LLC • Buyer Agency Compensation .
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