Skip To Content

7124 Bay Dr

Miami Beach, FL 33141
  • $2,390,000
  • STATUS: Active
  • ON SITE: 13 Days
  • MLS #: A11922740
UPDATED: 42 min ago
$2,390,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,732
    SQFT
  • $505
    $/SQFT
Type:
Multi-Family
Built:
1940
County:

School Ratings & Info

Description

Exceptional Turnkey Investment Opportunity in Miami Beach Fully leased 8-unit multifamily property offering strong income and long-term upside. The building comprises 4 studios and 4 1BD/1BA units, all well-maintained. Property highlights include: impact windows throughout, split A/C units in every apartment, full kitchens and updated bathrooms, and upgraded electrical and plumbing systems. Succesffully Completed 40-years certification. The property offers a compelling opportunity to optimize future rent in one of Miami Beach’s most sought-after neighborhoods. Highly desirable Normandy Isles neighborhood, minutes to the beach, public transportation, shops, restaurants, and major Miami destinations. High rental demand and low vacancy area.The neighborhood is transitioning from a somewhat quiet into a vibrant, upscale, and highly desirable upcoming luxury community

Monthly Payment Calculator



Copyright 2026, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2026-01-21T06:53:53.177.
www.welovesouthflorida.com/homes/171795548
Print Image

7124 Bay Dr Miami Beach, FL 33141

  • Price: $2,390,000
  • Status: Active
  • On Site: 13 Days
  • Updated: 42 min ago
  • MLS #: A11922740
0
Beds
0
Baths
0
½ Baths
N/A
Acres
4,732
SQFT
$505
$/SQFT
1940
Built
Neighborhood:
Ocean Side Sec-Isle Of No
County:
Miami-Dade
Area:
Ocean Side Sec-Isle Of No
Property Description
Exceptional Turnkey Investment Opportunity in Miami Beach Fully leased 8-unit multifamily property offering strong income and long-term upside. The building comprises 4 studios and 4 1BD/1BA units, all well-maintained. Property highlights include: impact windows throughout, split A/C units in every apartment, full kitchens and updated bathrooms, and upgraded electrical and plumbing systems. Succesffully Completed 40-years certification. The property offers a compelling opportunity to optimize future rent in one of Miami Beach’s most sought-after neighborhoods. Highly desirable Normandy Isles neighborhood, minutes to the beach, public transportation, shops, restaurants, and major Miami destinations. High rental demand and low vacancy area.The neighborhood is transitioning from a somewhat quiet into a vibrant, upscale, and highly desirable upcoming luxury community
Exterior Features

Construction Materials CBS Construction Lot Features Less Than 1/4 Acre Lot Parking Total 5250 Patio And Porch Features Patio Pool Private YN No Roof Shingle View YN No Waterfront YN No

Interior Features

Adjusted Square Footage 4732 Building Area Total 4732 Cooling Ceiling Fan(s) Flooring OtherTileWood Heating Central Heating YN Yes Interior Features Stairs Stories 2

Property Features

Association YN No Building Name OCEAN SIDE SEC-ISLE OF NO Cooling YN Yes Documents Available Deposit - Last Months RentDeposit - SecurityEquipment ListsCopy Of Lease(S)Other Available InformationRent RollsExisting Survey Horse YN No Listing Terms All CashConventionalCryptocurrencyFHA-Va Approved New Construction YN No Property Sub Type Quadruplex Public Survey Section 10 Rent Includes GardenerSewerTrash CollectionWater Sewer Public Sewer Structure Type QuadruplexFourplex Tax Annual Amount 28380 Tax Year 2025 Type Of Association None Water Source Municipal Water Year Built Details Effective Year Built Zoning 4800

Listing courtesy of One Sotheby's International Realty: .


Copyright 2026, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2026-01-21T06:53:53.177.
 
https://bt-photos.global.ssl.fastly.net/miami/1280_boomver_1_A11922740-2.jpg https://bt-photos.global.ssl.fastly.net/miami/1280_boomver_1_A11922740-2.jpg https://bt-photos.global.ssl.fastly.net/miami/1280_boomver_1_A11922740-2.jpg
Logo
The Agency Fort Lauderdale West
9640 Stirling Rd, Suite 108
Cooper City FL, 33024