7124 Bay Dr Miami Beach FL 33141 MLS #A11924424

7124 Bay Dr
Miami Beach, FL, 33141
$2,140,000
Beds
0 Baths
0 SqFt
0 Acres
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MLS #A11924424 image #0
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

Property Details

Price:
$2,140,000
MLS #:
A11924424
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Income/MultiFamily
Listed Date:
Dec 3, 2025
Total Sq Ft:
4,732
Year Built:
1940
7124 Bay DriveApartments,residential-multi-familyIncome Non-waterfront

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Schools

Interior

Cooling
Other
Flooring
Other, Tile, Wood
Heating
Other

Exterior

Construction Materials
CBS Construction
Roof
Tile Roof
Security Features
Smoke Detector(s), Security System
Stories
2
Window Features
Clear Impact Glass

Financial

Maintenance Fee
$1,800
Net Operating Income
$100,000
Tax Year
2024
Taxes
$28,380

Map

Community

Market Summary

Current real estate data for Commercial in Miami Beach as of Apr 22, 2026
129
Commercial Listed
192
Avg DOM
$3,413,132
Avg List Price

Property Summary

    7124 Bay Dr Miami Beach FL is a Commercial for sale in Miami Beach, FL, 33141. It is listed for $2,140,000

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