1980 Biarritz Dr - Apartments FOR SALE


Miami Beach, FL 33141- Normandy Isles
$1,680,000 USD
305-647-2663
1980 Biarritz Dr, Miami Beach, FL for Sale
$1,680,000 USD
Apartments - FOR SALE
1/32
null | 4.88% Cap Rate

1980 Biarritz Dr
Miami Beach, FL 33141
Normandy Isles


HIGHLIGHTS

  • Location
  • Well Maintained Building
  • All units rented

OVERVIEW

Prime multifamily investment opportunity in the sought-after Normandy Isle neighborhood of Miami Beach. This well-maintained 5-unit building sits on a 6,662 SF lot and offers strong income potential with a favorable unit mix including three 1BD/1BA units, one 2BD and 1BA and one spacious 1BD/2BA penthouse residence. Ideally positioned near Normandy Park, community pool, local dining, cafés, shopping, and everyday conveniences, with easy access to Biscayne Boulevard, North Beach, and major transit routes. The property benefits from consistent rental demand driven by its central location and walkability. Excellent opportunity for investors seeking stable cash flow with future upside in one of Miami Beach’s most established rental submarkets.

FOR SALE DETAILS

PRICE

$1,680,000 USD

PRICE/SF

$454 USD /SF

# OF UNITS

5

PRICE/UNIT

$336,000

CAP RATE

4.88%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1951

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,660 SF

ZONING

RM-2

APN/PARCEL ID

02-3210-002-0880

ASK ABOUT THIS PROPERTY

Julieta Suarez LepreMiami Residential Group IncMore Info
305-647-2663

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Julieta Suarez LepreMiami Residential Group IncMore Info
305-647-2663

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.