• 1735 Normandy Dr Miami Beach, FL 33141

  • $1,800,000
  • 6
    Bed(s)
  • 8
    Baths
  • 3,603
    Sq Ft

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

Property Type :

ResidentialIncome

Subdivision :

Isle Of Normandy Ocean Side

County :

Miami-Dade County

Style :

ResidentialIncome

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Property Details

 

Interior Features

Roof : Other

Roofing Information

Other

Flooring Information

Other

Heating & Cooling

Has Heating: Yes

Heating: Central

Has Cooling: Yes

Cooling: CentralAir

Building Information

Year Built: 1953

Building Area Total: 3603

Construction Materials : Block

Stories : 1

Pool Features : None

Private Pool : No

Lot Information

Lot Description: Item14Acre

Property Information

Subdivision: ISLE OF NORMANDY MIAMI VI

Source Property Type: ResidentialIncome

Postal Code Plus 4: 4739

Zoning Description: 3900

Property SubType: Quadruplex

Levels: One

Property Age: 71

Listing Price Information

Original List Price: $1800000

Original List Price: $2150000

Cash,Conventional,Other

Tax Information

Parcel Number: 02-32-10-017-0240

Tax Year: 2022

Annual Tax: $12216

Tax Legal Desc: 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

Utility Information

CableNotAvailable

Location Information

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2022 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 05/14/2024 @ 01:11

MLS: A11480360
LISTED BY: Nicolas Vicente, Mia MGMT Group, LLC.
SOURCE: SEFMIAMI
Buyer Agency Compensation: 2.0%
Buyer Agency Description: BBC: 2.0%, The offer of compensation is made only to participants of the MLS where the listing is filed.

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