There is no favorite listings!
* Required Fields
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

Address Map
FL
Miami-Dade County
Miami Beach
33141
7124 Bay Dr
7124 BAY DRIVE
W81° 52' 16.8''
N25° 51' 23.4''
MLS Addon
Building & Land, Equipment, Signs Included, Leases
1 To 3 Year Lease
All Cash, Conventional/refinance, Cryptocurrency
$1,800
1
City Street
Sale
2
Free Standing
$28,380
2024
Click Here
Public
4800
8
13/02/2026 22:44:15

7124 Bay Dr, Miami Beach, Florida 33141

$2,290,000
5,250 size sq.ft.
Listing ID #A11924424
Basic Details
Property Type Commercial Sale
Listing Type For Sale
Listing ID A11924424
Price $2,290,000
Year Built 1940
Days on Market 72
Building Area 4,732 Sqft
Status Active
Property SubType Income/multifamily
Lot Area 5,250 Sqft
List Date 2026-03-22
On Market Date 03/12/2025
Elena Beck
MiamiInvestrealty
* Required Fields
Style Selector
Select the layout
Choose the theme
Preset colors
No Preset
Select the pattern