$580,000
$595,000
2.5%For more information regarding the value of a property, please contact us for a free consultation.
2125 Bay Dr Miami Beach, FL 33141
2,255 SqFt
Key Details
Sold Price $580,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,255 sqft
Price per Sqft $257
Subdivision Isle Of Normandy Miami Vi
MLS Listing ID F10267318
Sold Date 06/10/21
Style Triplex
Construction Status Resale
HOA Y/N No
Year Built 1940
Annual Tax Amount $14,957
Tax Year 2020
Property Description
VALUE IS IN THE LAND! Amazing investment opportunity. You can build a 10 unit building w/ parking & elevator in this desirable location of North Miami Beach near the Intercoastal! 6x2b/2b & 4x1b/1b est. $1.83 mil or 9 units with no parking/elevator for est. $1.4 mil. See plans attached for details. Seller spent $40k for architectural plans - can be transferred to buyer. Project verbally approved by the city in 2019, plans were not. Great location! Easy access to I95, direct access to 79th bridge, 1 block from Walgreens, gas station, supermarket & daycare, .5 mile to Normandy Isles Park & Pool, 1.5 miles to beach. Close to Normandy Shores Golf Course and restaurants. Triplex currently on land is a tear down or needs major repairs. Actual rental income: $3,850/month
Location
State FL
County Miami-dade County
Zoning 3900
Interior
Heating Central Heat, Electric Heat
Cooling Electric Cooling
Flooring Other Floors
Exterior
Exterior Feature Open Porch, Patio, Room For Pool, Screened Porch
Waterfront Description Intracoastal Front
Water Access Y
Water Access Desc None
Roof Type Barrel Roof
Private Pool No
Building
Lot Description Less Than 1/4 Acre Lot
Story 3.0000
Foundation Brick Exterior Construction, Stucco Exterior Construction
Sewer Municipal Sewer
Water Municipal Water
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition As Is
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Bought with Keller Williams Realty CS
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