Property Description
We are thrilled to present an exclusive opportunity for investors at 1735 Normandy Drive. Recently fully rehabilitated, these four apartments boast a fresh, modern appeal, making them an excellent investment choice. Key Features: Recent Full Rehab: Plumbing, electricity, appliances, and flooring have all been newly renovated to high-end quality. Building: This established building has stood the test of time, offering a solid foundation for investment. Great opportunity SELLER FINANCE UP TO 50%Fully Rented: The entire building has recently been leased out, generating a monthly income of $9,000It is rented 15/25% below market value. Pro forma calculated by Miami Beach Housing 2024 PRO FORMA $10,500. MONTHLY RENT
Address Map
FL
Miami-Dade County
Miami Beach
33141
1735 Normandy Dr
ISLE OF NORMANDY MIAMI VI
W81° 51' 41.8''
N25° 51' 9.5''
ISLE OF NORMANDY MIAMI VI
MLS Addon
Other
All Cash, Conventional
1
4
Gardener, Sewer, Trash Collection
1
Quadruplex, Fourplex
$12,216
2022
3900
4
03/11/2023 14:27:04
1735 Normandy Dr, Miami Beach, Florida 33141
$1,800,000
3,603 size sq.ft.
Listing ID #A11480360
Basic Details
Property Type Residential Income
Listing Type For Sale
Listing ID A11480360
Price $1,800,000
Square Footage 3,603 Sqft
Year Built 1953
Days on Market 135
Building Area 3,603 Sqft
Status Active
Property SubType Quadruplex
On Market Date 03/11/2023
MiamiInvestrealty
