955 Bay Dr

    Miami Beach, FL 33141
    • $1,425,000
    • STATUS: Active
    • ON SITE: 47 days
    • MLS #: A10494614
    Price Reduced
    UPDATED: 36 min ago
    $1,425,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    32
    Type:
    Commercial
    Built:
    1947
    County:
    Area:
    32

    School Ratings & Info

    Description

    Coldwell Banker is pleased to present the opportunity to purchase 955 Bay Drive, an 8-unit multifamily building located on Normandy Isle in Miami Beach.Nestled along the peaceful canopy tree-lined street of Bay Drive, directly across from Biscayne Bay and only a few blocks from the sandy beach, this property features 8 large 1-bed 1-bath units with hardwood floors, functional layouts, on-site laundry, and plenty of street parking.The building is currently in good condition, recently passing its 40-year recertification, yet many of the leases are below market and there is a great opportunity to add value by increasing rents and adding additional upgrades.

    Monthly Payment Calculator



    Copyright 2018, 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 2018, 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 2018-08-15T18:42:11.78.
    www.welovesouthflorida.com/homes/85113565

    955 Bay Dr Miami Beach, FL 33141

    • Price: $1,425,000
    • Status: Active
    • Updated: 36 min ago
    • MLS #: A10494614
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    1947
    Built
    Neighborhood:
    32
    County:
    Miami-Dade
    Area:
    32
    Property Description
    Coldwell Banker is pleased to present the opportunity to purchase 955 Bay Drive, an 8-unit multifamily building located on Normandy Isle in Miami Beach.Nestled along the peaceful canopy tree-lined street of Bay Drive, directly across from Biscayne Bay and only a few blocks from the sandy beach, this property features 8 large 1-bed 1-bath units with hardwood floors, functional layouts, on-site laundry, and plenty of street parking.The building is currently in good condition, recently passing its 40-year recertification, yet many of the leases are below market and there is a great opportunity to add value by increasing rents and adding additional upgrades.
    Exterior Features

    Construction Type Other Construction Num Loading Doors 0 Num Parking Spaces 6 Parking Description Street Parking Waterfront Property Yn No

    Interior Features

    Cooling Description Wall/Window Unit Cooling Floor Description Vinyl Floors Interior Ceiling Height 0.0000 Maximum Ceiling Height 0.0000 Num Offices 0

    Property Features

    Approximate Lot Size 700 Electric Service Separate Meters Flood Zone Ae For Lease Yn No For Sale Yn Yes Information Available Aerial Photo(S)Rent Rolls Lease Term Info Annual LeaseMonth To Month Lease Location Of Property In Residential Area Num Bays 0 Section 10 Sewer Description Public Sanitation Short Sale Yn No Style Of Property Income Non-Waterfront Tax Amount 14141 Tax Year 2017 Typeof Property Commercial Water Description Public Water Year Built Description Resale

    Listing courtesy of Coldwell Banker Residential Real Estate.


    Copyright 2018, 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 2018, 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 2018-08-15T18:42:11.78.
     
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