7124 Bay Dr, Miami Beach, FL 33141

Miami Beach
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
7124 Bay Dr,Miami Beach, FL 33141
$2,140,000
Virtual Tour
  • - Beds
  • - Baths
  • 4,732 sq. ft.
  • Multi-family
  • Active
Listed by: brigitte lina, charlotte gleichgevicht
Office: one sotheby's international realty305-935-0300
MLS#:A11922740
Source:SEFMLS

Price summary

  • Price:$2,140,000
  • Price per sq. ft.:$452.24

About this home

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

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Home facts

  • Year built:1940
  • Subdivision & Development:OCEAN SIDE SEC-ISLE OF NO
  • Listing ID #:A11922740
  • Updated:August 14, 2026 at 09:51 AM

Rooms and interior

  • Flooring:Hardwood, Tile, Wood
  • Living area:4,732 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans
  • Heating:Central

Structure and exterior

  • Roof:Shingle
  • Year built:1940
  • Building area:4,732 sq. ft.
  • Architectural Style:Fourplex
  • Construction Materials:Block
  • Exterior Features:Patio, Security High Impact Doors
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,140,000
  • Price per sq. ft.:$452.24
  • Tax amount:$28,380 (2025)

Parking

  • Total parking spaces:5250
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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