Property Attributes
- MLS#A11480360
- TypeIncome
- CountyMIAMI-DADE
- CityMiami Beach
- Area32
- NeighborhoodISLE OF NORMANDY MIAMI VI
- Zip33141
- StyleFourplex
- Year Built1953
- Taxes$ 12216
- Price$ 1,800,000
- Bedrooms15
- Full Bathrooms20
- Half Bathrooms0
- Sqr Footage3603
Data Source:
Southeast Florida MLS (SEFMLS)
Property Description
We are thrilled to present an exclusive opportunity for investors at 1735 Normandy Drive. Recently fully rehabilitated, these four apartments boast a fresh, modern appeal, making them an excellent investment choice. Key Features: Recent Full Rehab: Plumbing, electricity, appliances, and flooring have all been newly renovated to high-end quality. Building: This established building has stood the test of time, offering a solid foundation for investment. Great opportunity SELLER FINANCE UP TO 50%Fully Rented: The entire building has recently been leased out, generating a monthly income of $9,000It is rented 15/25% below market value. Pro forma calculated by Miami Beach Housing 2024 PRO FORMA $10,500. MONTHLY RENT
Price History | |
---|---|
11/3/2023 | Listed $2,150,000 |
1/16/2024 | 3% - $2,100,000 |
2/4/2024 | 6% - $1,990,000 |
3/17/2024 | 10% - $1,800,000 |
General Features
Sewer | PublicSewer |
---|---|
Heating | Central |
Cooling | CentralAir |
Utilities | CableNotAvailable |
Possession | Other |
Roof | Other |
Architectural Style | Fourplex |
Pool Features | None |
Construction Materials | Block |
Year Built | 1953 |
Stories | 1 |
Levels | One |
Property SubType | Quadruplex |
Tax Year | 2022 |
County | Miami-Dade County |
New Construction | No |
Property Type | ResidentialIncome |
HOA / Comm Assn | No |
Attached Garage | No |
Subdivision Name | ISLE OF NORMANDY MIAMI VI |
Garage Y/N | No |
Rent Includes | Gardener,Sewer,TrashCollection |
Special Listing Conditions | ListedAsIs |
Status | Active |
City | Miami Beach |
Buyer Agent Compensation | 2.0% |
View Y/N | No |
Senior Community Y/N | No |
Zoning Description | 3900 |
MLS Area | 32 |
Private Pool | No |
Waterfront Y/N | No |
Carport Y/N | No |
Street Name | Normandy Dr |
Listing Terms | Cash,Conventional,Other |
Property Attached Y/N | No |
Year Built Details | Resale |
Land Lease Y/N | No |
Tax Annual Amount | 12216.0 |
Home Warranty Y/N | No |
Lease Renewal Y/N | No |
Additional Parcels Y/N | No |
Lease Considered Y/N | No |
Rent Control Y/N | No |
Virtual Tour | https://www.propertypanorama.com/instaview/mia/A11480360 |
Days on Market | 177 |
Standard Status | Active |
Occupancy Description | Tenant |
Total Actual Rent | 108000.0 |
Property Sub Type Additional | Quadruplex |
MobileHomeRemainsYN | No |
PostalCity | Miami Beach |
Legal Description | ISLE OF NORMANDY MIAMI VIEW SEC PART 2 PB 41-75 LOT 17 BLK 31 LOT SIZE 48.000 X 125 OR 19689-4400 04 2001 1 COC 22568-0068 08 2004 1 |
Interior Features
Flooring | Other |
---|---|
Basement (Y/N) | No |
Air Conditioning Y/N | Yes |
Heating Y/N | Yes |
Fireplace Y/N | No |
Electric On Property Y/N | No |
Exterior Features
Lot Features | Item14Acre |
---|---|
Total Parking | 0.0 |
Spa | No |
Building Area Total | 3603.0 |
Lot Size Units | SquareFeet |
Covered Spaces | 0.0 |
Crops Included Y/N | No |
Open Parking Y/N | No |
Horse Y/N | No |
Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool