Commercial Real Estate

Zebur

305.6000958
CommercialSaleMultifamilyFLMiami Beach2011, Bay Dr, Miami Beach, FL, 33141

2011 Bay Dr

2011, Bay Dr, Miami Beach, FL, 33141
    $4,750,000
    Request info

    Share this home

    Copy

    Or share with

    Basics

    Description

    • Description:

      ISLE OF NORMANDY MIA VIEW SEC PART 1 PB 34-80 LOT 26 BLK 38 LOT SIZE 7266 SQ FT OR 18886-4950 1199 1 COC 22404-2057 06 2004 1 BayWest Isles (2011 Bay Drive) is a four-story fully-modernized Mediterranean style apartment building featuring 15 renovated units in the heart of North Beach. All 15 apartments consist of large 830+ square foot one-bedrooms. The property is fully occupied with a current average rent of $1,812. With significantly below-market rents, there is a potential rental upside of $71,400 annually (an average of $396+ per unit per month) aligning with current market rates.

      Show all description

    Building Details

    • Architectural Style: Detached
    • Covered Spaces: 0

    Expenses, Fees & Taxes

    • Tax Annual Amount: $58,580

    Miscellaneous

    • List Office Name: STL Advisors, LLC

    Ask our real estate expert about this property

    By clicking the «REQUEST INFO» button you agree to the Terms of Use and Privacy Policy

    This -type commercial real estate is located in 2011, Bay Dr, Miami Beach, FL, 33141 was built in 1977, and is listed at $4,750,000.

    Share this property

    Copy

    Or share with

    Reset password

    Enter your email address and we will send you a link to change your password.