Prime Normandy Isles Multifamily | Fully Leased | Value-Add Opportunity Located in Normandy Isles at the border of Miami Beach and North Bay Village, this 8-unit multifamily property is fully leased, impeccably maintained, and positioned for long-term appreciation. With completed 40-Year Certification and impact windows throughout, This asset delivers immediate stability with upside through rental optimization. Unit Mix: - 4 large studios (approx. 500 SF each) - 4 spacious 1-bed / 1-bath units (approx. 600 SF each) PROPERTY FEATURES - Recently painted interiors and well-maintained overall condition - Impact windows installed throughout the building - Independent split A/C systems in every unit - Full kitchen in all apartments - Updated electrical and plumbing system - Strong rental history with consistent occupancy - Completed 40-Year Certification - 100% occupied - Electronic entrance door - Bicycle rack - Building security system with cameras - High-speed internet 7124 Bay Drive is just minutes from North Bay Village, one of the most ambitious redevelopment zones in all of Miami-Dade. The city is transforming into a luxury hub with: - New waterfront parks - High-end restaurants & retail - Luxury residential towers - New marinas & public waterfront access - A reimagined Causeway with pedestrian promenades - A complete revitalization of Normandy Shores /Treasure Island The property offers a compelling opportunity to optimize future rent in one of Miami Beach’s most sought-after neighborhoods.