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6932 Bay Dr Miami Beach, FL $ 1,999,999
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$ 1,999,999 Get more info
6932 Bay Dr
$ 1,999,999
Back to search
Share Save

6932 Bay Dr

Miami Beach, FL, 33141
$ 1,999,999
Baths0.0 Sq 2,297

Monthly Estimate*

$ 13,293

6932 Bay Dr, Miami Beach, FL 33141 - Image 1
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6932 Bay Dr, Miami Beach, FL 33141 - Image 10
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6932 Bay Dr, Miami Beach, FL 33141 - Image 12
6932 Bay Dr, Miami Beach, FL 33141 - Image 13
6932 Bay Dr, Miami Beach, FL 33141 - Image 14
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Studio

Commercial Property for sale in Miami Beach, FL

for $1,999,999. This 2,297 square foot building was built in 1937 on a lot size of 0.25.

Introducing an exceptional investment opportunity in the heart of Normandy Isles! This multi-family property boasts 5 fully leased units, each contributing to a robust cash flow. With recent renovations including remodeled units 3 years ago and a replaced roof 5 years ago for unit 5, this property offers both stability & growth potential. The unit mix provides a diverse income stream, with 2 units currently generating $1600 ea., one unit at $1400, and 2 additional units at $1750 & $1837.50, located close to the beach & various shopping amenities. Lot offers opportunities for future expansion. Don't miss out on this rare chance to invest! Call today!

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Commercial Active

Price

$ 1,999,999

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 10,976

Style

MultiFamily

Lot Size

0.25

Year Built

1937

Town/City

Miami Beach

County/Region

Miami-Dade

MLS | Web ID

A11577945
Features
General
Sewer PublicSewer
Cooling CentralAir Other
Possession ClosingFunding
Roof Shingle
HOA 0.0
Security Features SecuritySystem SmokeDetectors
Construction Materials Block
Year Built 1937
Tenant Pays Electricity
Property SubType MultiFamily
Tax Year 2023
County Miami-Dade County
Insurance Expense 1600.0
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Active
City Miami Beach
Disclosures Other
View Y/N N
Senior Community Y/N N
Zoning Description 3900
NumberOfUnitsTotal 5
MLS Area 32
Lot Size Units SquareFeet
Lot Size Square Feet 7000.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Bay Dr
Listing Terms Cash Conventional Other
Property Attached Y/N N
Year Built Details Resale
Land Lease Y/N N
Tax Annual Amount 10976.0
Home Warranty Y/N N
Ok to Lease Item36Months
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11577945
Days on Market 4
Structure Type Apartment MultiFamily
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional MultiFamily
Legal Description OCEAN SIDE SEC ISLE OF NORMANDY PB 25-60 LOT 13 BLK 5 LOT SIZE 50.000 X 140 OR 17496-3453 0197 1 COC 23705-2546 07 2005 1
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Interior
Flooring Tile
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N N
Fireplace Y/N N
Electric On Property Y/N N
Total Baths 0
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Exterior
Parking Features Assigned Guest OnStreet
Water Source Public
Total Parking 8.0
Lot Size Area 7000.0
Number of Buildings 1
Spa N
Building Area Total 2297.0
Lot Size Acres 0.25
Covered Spaces 0.0
Number of Separate Electric Meters 5
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 6932
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* Excluded Features
List By
Century 21 Dorar Realty

Broker

luisperezrealestate1@gmail.com

Email

Affordability Calculator

$14,207
Per Month
94%
6%
0%
Monthly Principal & Interest
$13,293
Monthly Property Taxes
$915
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
292769 Elementary School
292996 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/30/2024$1,999,999 Listed Price

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6932 Bay Dr, Miami Beach, FL, 33141 is a Commercial Property for sale at $1,999,999 with 2,297 sqft and a lot size of 0.25. 6932 Bay Dr is a studio with 0.0 baths and was built in 1937. The property's zip code is 33141 which is in Miami Beach, FL

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