Property Description
DO NOT DISTURB TENANTS-Exceptional 10-unit multifamily investment opportunity in Miami Beach’s sought-after Normandy Isles—priced below recent sales averages. This 100% occupied building features 10 1-bed/1-bath units, all benefiting from a new roof, updated electric panel, and a new water heater. 1235 Normandy Drive offers prime proximity to popular shopping centers, tennis courts, top-rated schools, and the pristine shores of North Beach. Commuters enjoy easy access to major thoroughfares and Miami International Airport, while Lincoln Road, Ocean Drive, and Miami Beach Golf Club are just minutes away. Seize the chance to secure solid rental income or position yourself for future appreciation in a thriving neighborhood.
Features
: Wall/window Units
: Wall/window Unit(s)
: 110 Volts Power, Separate Meters, 440 Volts
: Tile
: City Location, In Residential Area
: On Street
: Wood Joist Roof
: Smoke Detector(s)
: Public Sanitation
Address Map
FL
Miami-Dade County
Miami Beach
33141
1235 Normandy Dr
0
W81° 52' 3.4''
N25° 51' 20.2''
MLS Addon
: Cbs Construction
7
: License, Leases, Building & Land, Fixtures
: 1 To 3 Year Lease, Month To Month
: All Cash, Conventional/refinance
: City Street
: Sale
2
: Free Standing
$39,394
: Public
4800
Commercial Sale For Sale
1235 Normandy Dr, Miami Beach, Florida 33141
6,250 Sqft
$2,100,000
Listing ID #A11745780
Basic Details
Property Type : Commercial Sale
Property SubType : Income/multifamily
Listing Type : For Sale
Listing ID : A11745780
Price : $2,100,000
Year Built : 1957
Lot Area : 6,250 Sqft
Building Area : 7,918 Sqft
Status : Active
