This Property is no longer advertised on Showcase.com.
Off Market
1/20

1995 Bay Dr
Miami Beach, FL 33141


HIGHLIGHTS

  • Can Increase Rents Up to $100 a Unit
  • Recently Completed Renovation

OVERVIEW

Marcus & Millichap, as exclusive listing agents, 1995 Bay Drive, a 16 unit apartment building located in Normandy Isles, The property has been completely renovated and only blocks from North Beach. The property consists of eight studios and eight one-bedrooms units. The property is fully leased, with upside in rents which can be increased $100 a unit as is. Normandy Isles is one of the most desirable rental markets in Miami-Dade County as North Beach will be experiencing a major redevelopment of hotels and premium retail.

FOR SALE DETAILS

PRICE

-

# OF UNITS

-

CAP RATE

-

% LEASED

-

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

8218

STORIES

2

YEAR BUILT

1939

PARKING SPACES

5

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

02-3210-002-1050