$4,400,000
$590K PRICE DROP

Estimated payment $26,547/month

Total Views 2,136
-- Bed
-- Bath
3,930 Sq Ft
$1,120 Price per Sq Ft

Highlights

  • Ocean Front
  • Newly Remodeled
  • No HOA
  • Deeded Boat Dock
  • Canal Width 1-80 Feet
  • Central Heating and Cooling System

About This Home

INVESTORS DREAM! 6 Unit Multifamily COMPLETELY REMODELED located in Normandy Isles Miami Beach, Water Front, fully rented with great tenants all 1 year leases. Porcelain floors, NewKitchen with granite counter tops, Central AC units, Impact windows and more. 6 Boat spaces, very low maintenance. ZONE RM-1 that allows a 4 stories building Zoning Verification Letter Attached All units were rented Monthly Income Apotocimately $12,000.
Boat Dock Rented and Coin Laundry Extra income

Listing Agent

Elena Iturriaga

London Real Estate Co. License #0612892

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,865

Year Built

  • Built in 1949 | Newly Remodeled

Lot Details

  • 100 Ft Wide Lot
  • Ocean Front

Home Design

  • Quadruplex
  • Concrete Roof

Interior Spaces

  • 3,930 Sq Ft Home
  • 1-Story Property
  • Concrete Flooring

Outdoor Features

  • Canal Width 1-80 Feet
  • Seawall
  • Deeded Boat Dock

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Normandy Waterway Sub Condos
  • Normandy Waterway Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-32-10-010-0480

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,865

Year Built

Built in 1949 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1949
  • Property Sub Type: Quadruplex
  • Architectural Style: Attached
  • Horses: No
  • Inclusions: Deeded Dock,Private Dock
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: NORMANDY WATERWAY SUB
  • Year Built Details: New Construction
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Spa Yn: No
  • Flooring: Concrete
  • Living Area: 3930
  • Stories: 1

Exterior Features

  • Roof: Concrete
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Private: No
  • Property Condition: New Construction
  • View: No
  • Waterfront Features: Canal Width 1-80 Feet, Ocean Front, Seawall
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: NORMANDY WATERWAY SUB

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 02-32-10-010-0480
  • Zoning: 3900
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gas, Hot Water, Gardener, Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 23865

Multi Family

  • Number Of Units In Community: 1

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2025 02/27/25 Price Changed $4,400,000 -11.8% $1,120 / Sq Ft
01/21/2025 01/21/25 For Sale $4,990,000 +107.9% $1,270 / Sq Ft
10/06/2023 10/06/23 Sold $2,400,000 -20.0% $635 / Sq Ft
07/28/2023 07/28/23 Price Changed $2,999,000 -6.3% $794 / Sq Ft
04/17/2023 04/17/23 For Sale $3,200,000 -- $847 / Sq Ft
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11729228

MIAMI REALTORS® MLS