Active
1735 Normandy Dr
Miami Beach FL, 33141
$1,800,000
$499.58 per sqft
Active
3,603 sqft
Multi-family
Built in 1953
We are thrilled to present an exclusive opportunity for investors at 1735 Normandy Drive. Recently fully rehabilitated, these four apartments boast a fresh, modern appeal, making them an excellent investment choice. Key Features: Recent Full Rehab: Plumbing, electricity, appliances, and flooring have all been newly renovated to high-end quality. Building: This established building has stood the test of time, offering a solid foundation for investment. Great opportunity SELLER FINANCE UP TO 50%Fully Rented: The entire building has recently been leased out, generating a monthly income of $9,000It is rented 15/25% below market value. Pro forma calculated by Miami Beach Housing 2024 PRO FORMA $10,500. MONTHLY RENT
A11480360
MLSⓇ ID
November 3, 2023
Listed
September 17, 2024
Updated
Map
1735 Normandy Dr
Miami Beach FL, 33141
Interior Features
Total Stories
1
Floor Description
Other
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Features
Less Than 1/4 Acre Lot
Architectual Style
Other
Roof
Other
Sewer
Public Sewer
Other Property Details
Area Name
Isle Of Normandy Miami Vi
Taxes
$12,216
Tax Frequency
Annually
Days on Market
177
Garage
No
Parking Total
0
View
No
County
Miami-Dade County
Pool
No
Zoning
3900
Listing History
Date | Event | Price |
|---|---|---|
3/17/2024 | Price change | $1,800,000 -10% |
2/7/2024 | Price change | $1,990,000 -6% |
2/4/2024 | Price change | $1,990,000 -6% |
1/16/2024 | Price change | $2,100,000 -3% |
Listed by: Mia MGMT Group, LLC.
Listing Contact: 917-593-4004
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
©2024 Miami Association of REALTORS® all rights reserved.
Data last updated 12:15 PM UTC, 9/17/2024.