Prime 4-unit multifamily opportunity in the heart of Normandy Isles. This well-maintained property features four spacious 2BD/1BA units totaling approximately 3,872 SF, offering strong income potential and significant upside. Ideal for investors seeking value-add with below market rents and the ability to increase cash flow. Situated on a 5,500 SF lot with RM-1 zoning, allowing for long-term appreciation and flexibility. Centrally located just minutes from the beach, Normandy Fountain, shops, and dining. Rare Miami Beach multifamily opportunity with solid fundamentals and future growth potential.
| MLS # | A11987767 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1945 |
| Days On Site | 154 |
| Listing Provided By | Beachfront Realty Inc | Marilina Apfelbaum |
| SQ Feet | 3,872 |
|---|---|
| Story(s) | 2 |
| Zoning | 3900 |
| Lot Features | Less Than Quarter Acre |
|---|
| Tax Annual Amount | 16992 |
|---|
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami Beach |
| Zip Code | 33141 |
| Area | 32 |
| Community Name | ISLE OF NORMANDY MIAMI VI |
| Listing VS Median (in ISLE OF NORMANDY MIAMI VI) | |
Price: $1,810,000 low | high Med: $6,000 sqft: 3,872 low | high Med: 1,462 $ / sqft: $467 low | high Med: $4 On site: 154 low | high Med: 60 | |
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami Beach |
| Zip Code | 33141 |
| Area | 32 |
| Community Name | ISLE OF NORMANDY MIAMI VI |
| Listing VS Median (in ISLE OF NORMANDY MIAMI VI) | |
Price: $1,810,000 low | high Med: $6,000 sqft: 3,872 low | high Med: 1,462 $ / sqft: $467 low | high Med: $4 On site: 154 low | high Med: 60 | |