ISLE OF NORMANDY-MIAMI VI, Residential Incomes – 2011 BAY DR #15, Miami Beach-001-11-30T00:00:00-05:00
TURN KEY INVESTMENT. GREAT OPPORTUNITY TO OWN A CASH FLOWING PROPERTY ON MIAMI BEACH. THE BUILDING CONSISTS OF 15 1/1, WITH ELEVATOR, PRIVATE PARKING AND A SMALL OFFICE ON THE GROUND FLOOR. BUILDING HAS BEEN WELL MAINTAINED AND UPGRADED. 40 YEAR CERTIFICATIO

2011 BAY DR #15, Miami Beach

$2,950,000 USD
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Address2011 BAY DR #15, Miami Beach
Building NameISLE OF NORMANDY-MIAMI VI
Type of PropertyQuadruplex
Property StyleQuadruplex
Price$2,950,000
Sold on1st November, 2019
Sold Price$2,800,000
Property StatusClosed Sale
MLS NumberA10697582
Living Area12508
Lot Size12508
Year Built1977
Parking Space Number15
Folio Number02-32-10-002-1060
Zoning Information3900
Days on Market37

Detailed Description: TURN KEY INVESTMENT. GREAT OPPORTUNITY TO OWN A CASH FLOWING PROPERTY ON MIAMI BEACH. THE BUILDING CONSISTS OF 15 1/1, WITH ELEVATOR, PRIVATE PARKING AND A SMALL OFFICE ON THE GROUND FLOOR. BUILDING HAS BEEN WELL MAINTAINED AND UPGRADED. 40 YEAR CERTIFICATION UP-TO-DATE. 3 UNITS WERE REDONE TO THE NINES. OTHER UNITS HAVE FAIRLY NEW A / C, NEW KITCHENS AND WATER HEATERS INSTALLED. SMALL LAUNDRY ROOM. FULLY OCCUPIED. VERY UP-AND-COMING MIAMI BEACH AREA, A FEW BLOCKS FROM NORMANDY GOLF COURSE. STEPS FROM THE WATER, SOME UNITS HAVE PARTIAL WATER VIEWS. EXCELLENT POTENTIAL TO INCREASE RENT WITH MINOR COSMETIC INVESTMENT.

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Address Information
StateFlorida
CityMiami Beach
CountyMiami-Dade County
Zip Code33141
Address2011 BAY DR
Section10
Zip Code (4 Digits)4498
Financial Information
Price$2,950,000
Price per Foot$0
Sold on1st November, 2019
Sold Price$2,800,000
Folio Number02-32-10-002-1060
Tax Amount$29,901
Tax Year2019
Terms of SaleConventional
Possession InformationFunding
Type of Contingencies3rd Party Approval
Full Descriptions
Detailed DescriptionTURN KEY INVESTMENT. GREAT OPPORTUNITY TO OWN A CASH FLOWING PROPERTY ON MIAMI BEACH. THE BUILDING CONSISTS OF 15 1/1, WITH ELEVATOR, PRIVATE PARKING AND A SMALL OFFICE ON THE GROUND FLOOR. BUILDING HAS BEEN WELL MAINTAINED AND UPGRADED. 40 YEAR CERTIFICATION UP-TO-DATE. 3 UNITS WERE REDONE TO THE NINES. OTHER UNITS HAVE FAIRLY NEW A / C, NEW KITCHENS AND WATER HEATERS INSTALLED. SMALL LAUNDRY ROOM. FULLY OCCUPIED. VERY UP-AND-COMING MIAMI BEACH AREA, A FEW BLOCKS FROM NORMANDY GOLF COURSE. STEPS FROM THE WATER, SOME UNITS HAVE PARTIAL WATER VIEWS. EXCELLENT POTENTIAL TO INCREASE RENT WITH MINOR COSMETIC INVESTMENT.
How to ReachOFF 79TH CAUSEWAY, RIGHT ON BAY DRIVE
Roof DescriptionConcrete
Floor DescriptionCeramic Floor, Tile
Cooling DescriptionCentral Air
Heating DescriptionCentral
Water DescriptionMunicipal Water
Sewer DescriptionPublic Sewer
Property parameters
Living Area12508
Lot Size12508
Zoning Information3900
Year Built1977
Type of PropertyQuadruplex
StyleQuadruplex
Building NameISLE OF NORMANDY-MIAMI VI
Construction TypeCBS Construction
Stories Number4.000
Parking Space Number15
Listed withGrand Realty of America, Corp.