Back

Income/MultiFamily - 7124 Bay Drive

7124 Bay Dr, Miami Beach, FL 33141
Image - 1Image - 2Image - 3Image - 4Image - 5Image - 6Image - 7Image - 8Image - 9Image - 10Image - 11Image - 12Image - 13
$2,390,000  Built: 1940
N/A N/A N/A
Type of PropertyIncome/MultiFamily
Style of PropertyApartments,Residential-Multi-Family
Property Ft²4,732
Living Ft² 
Price per Ft²N/A
PetsN/A
WaterfrontN/A
PoolN/A
FurnitureN/A
Property description of Income/MultiFamily - 7124 Bay Drive

Exceptional turnkey investment opportunity in miami beach fully leased 8-unit multifamily property offering strong income and long-term upside. The building comprises 4 studios and 4 1bd/1ba units, all well-maintained. Property highlights include: impact windows throughout, split a/c units in every apartment, full kitchens and updated bathrooms, and upgraded electrical and plumbing systems. Succesffully completed 40-years certification. The property offers a compelling opportunity to optimize future rent in one of miami beach’s most sought-after neighborhoods. Highly desirable normandy isles neighborhood, minutes to the beach, public transportation, shops, restaurants, and major miami destinations. High rental demand and low vacancy area. The neighborhood is transitioning from a somewhat quiet into a vibrant, upscale, and highly desirable upcoming luxury community

Exterior Features
No information about Exterior Features.
Interior Features
No information about Interior Features.
Amenities
No information about Amenities.
Equipment/Appliances
No information about Equipment/Appliances.
Property Features
Name7124 Bay Drive
MLSA11924424
ForeclosureN/A
Short SaleN/A
Parking 
Parking Restrictions 
Parking Spaces 
Lot Ft²5,250
Approx. Lot Size 
Boat DockBuilding & Land, Equipment,Leases,Signs Included, Income Non-Waterfront
Last Update23 hours
Pet Restrictions 
Floor Number 
Cooling DescriptionOther
Heating DescriptionOther
View 
ConstructionCBS Construction
Flooring TypeOther, Tile, Wood
Maintenance Fees$1,800
Taxes$28,380
Property contact form
Gladys Martinez PA
Gladys Martinez PA305-321-7889gmrealtor7@gmail.com
How much is 14 + 9 =
City image

City

Miami Beach

View city details

Other properties in Miami Beach

Income/MultiFamily
$10,000,000
Listing image

2130 Bay Dr

Miami Beach, FL 33141

 

Income/MultiFamily

Built: N/A

Income/MultiFamily
$4,999,999
Listing image

2130 Bay Dr

Miami Beach, FL 33141

 

Income/MultiFamily

Built: 1950

Income/MultiFamily
$4,999,999
Listing image

2140 Bay Dr

Miami Beach, FL 33141

 

Income/MultiFamily

Built: N/A

Income/MultiFamily
$11,000,000
Listing image

235 78th St

Miami Beach, FL 33141

 

Income/MultiFamily

Built: 1951

MLS Data Source: Miami Association of REALTORS. Copyright SEFMLS © 2026
Listing is a courtesy of One Sotheby's International Realty. Office (MLS@onesothebysrealty.com, 305-935-0300). Agent (brigitte@brigittelina.com, 786-267-7320).
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.

Mortgage Calculator

Purchase Price ($)
Down Payment ($)
Interest Rate (%)
Mortgage Term (Y)
Property Tax ($)
Property Insurance ($)
Principle + Interest ($)
PMI* ($)
Monthly Payment** ($)

*Private Mortgage Insurance - included if downpayment is less than 20% of mortgage.

**Monthly payment - a sum of Principle, Interest, PMI, Tax, Insurance.

Request a showing
How much is 14 - 9 =
Offer amount
How much is 6 + 15 =
Share listing via email
How much is 14 + 15 =
NameAddressType# of StudentsGradesDistance
Gan Katan7055 BONITA DRprivate66PK - 40.22 mi
Happy Kids Private School7118 BYRON AVEprivate9PK - 20.32 mi
Biscayne Beach Elementary School800 77TH STpublic578PK - 50.36 mi
Lehrman Community Day School727 77TH STprivate300PK - 50.44 mi
Stars Learning Center2140 VERDUN DRprivate25PK - 20.91 mi
Mater Academy (miami Beach)8625 BYRON AVEpublic614KG - 81.08 mi
Treasure Island Elementary School7540 E TREASURE DRpublic399PK - 51.35 mi
Ruth K. Broad Bay Harbor K-8 Center1155 93RD STpublic1249PK - 81.94 mi
The Shul's Child Enrichment Center9540 COLLINS AVEprivate22PK2.07 mi
Montessori Academy At St John's4760 PINE TREE DRprivate17PK - 32.31 mi
Lanaar2225 NE 121ST STprivate841 - 42.7 mi
Temple Beth Sholom Innovative School4144 CHASE AVE # 6private47PK - 42.89 mi
Miami Beach Nautilus Middle School4301 N MICHIGAN AVEpublic9186 - 82.9 mi
North Beach Elementary School4100 PRAIRIE AVEpublic937PK - 52.91 mi
Contact us
How much is 6 - 4 =
Close
Close
Gladys Martinez - Real Estate Sales AssociateCompass Florida, LLC.NAR RealtorEqual Housing Opportunity

Gladys Martinez is a real estate agent affiliated with Compass Florida, LLC.. Compass Florida, LLC. is a licensed real estate broker and abides by equal housing opportunity laws. All material presented herein is intended for informational purposes only. information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. no statement is made as to accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage.

This website is powered by Arealweb Platform