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.