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1735 Normandy Dr, Miami Beach, Florida 33141

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Active For Sale
$1,800,000
  • Beds 0
  • Baths 0
  • Sq Ft 3,603 Sqft
  • Visits: 52 in 245 days

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

Features

  • Heating System: Central
  • Cooling System: Central Air

Address Map

  • Country: US
  • State: FL
  • County: Miami-Dade
  • City: Miami Beach
  • Subdivision: ISLE OF NORMANDY MIAMI VI
  • Zipcode: 33141
  • Street: Normandy Dr
  • Street Number: 1735
  • Floor Number: 0
  • Longitude: W81° 51′ 52.9”
  • Latitude: N25° 47′ 34.5”
  • MLS Area: 32

MLS Addon

  • Architectural Style: Fourplex
  • Association Fee: $0
  • Close Price: $0
  • Flooring: Other
  • Insurance Expense: $0
  • Levels: One
  • Listing Terms: Cash, Other, Conventional
  • Lot Features: < 1/4 Acre
  • New Taxes Expense: $0
  • Stories: 1
  • Tax Annual Amount: $12,216
  • Tax Year: 2022
  • Utilities: Cable Not Available

Location

Listing Updated: 2024-03-18 00:05:15

  • Property Type : Residential Income
  • Property Sub Type : Quadruplex
  • Listing Type : For Sale
  • Listing ID : A11480360
  • Price : $1,800,000
  • View : Lake
  • Bedrooms : 0
  • Bathrooms : 0
  • Half Bathrooms : 0
  • Square Footage : 3,603 Sqft
  • Year Built : 1953
  • Lot Area : 0 Acre
  • Listing Status : Active
  • Days On Market : 244
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