Rare opportunity to own a 10-unit multifamily building in miami beach’s sought-after normandy isle. Property features four 2bd/2ba and six 1bd/1ba units across two floors, plus an on-site leased laundry facility providing additional income. Ideally located near the beach, shopping, dining, and transit. Normandy isle’s limited land and strict zoning create strong barriers to entry, ensuring long-term value. Competitively priced per square foot and per door, this stabilized asset offers investors solid cash flow and excellent rent growth potential.
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*Private Mortgage Insurance - included if downpayment is less than 20% of mortgage.
**Monthly payment - a sum of Principle, Interest, PMI, Tax, Insurance.
| Name | Address | Type | # of Students | Grades | Distance |
|---|---|---|---|---|---|
| Gan Katan | 7055 BONITA DR | private | 66 | PK - 4 | 0.47 mi |
| Biscayne Beach Elementary School | 800 77TH ST | public | 578 | PK - 5 | 0.56 mi |
| Happy Kids Private School | 7118 BYRON AVE | private | 9 | PK - 2 | 0.58 mi |
| Lehrman Community Day School | 727 77TH ST | private | 300 | PK - 5 | 0.63 mi |
| Stars Learning Center | 2140 VERDUN DR | private | 25 | PK - 2 | 0.64 mi |
| Treasure Island Elementary School | 7540 E TREASURE DR | public | 399 | PK - 5 | 1.09 mi |
| Mater Academy (miami Beach) | 8625 BYRON AVE | public | 614 | KG - 8 | 1.23 mi |
| Ruth K. Broad Bay Harbor K-8 Center | 1155 93RD ST | public | 1249 | PK - 8 | 1.98 mi |
| Montessori Academy At St John's | 4760 PINE TREE DR | private | 17 | PK - 3 | 2.29 mi |
| Lanaar | 2225 NE 121ST ST | private | 84 | 1 - 4 | 2.6 mi |
| Temple Beth Sholom Innovative School | 4144 CHASE AVE # 6 | private | 47 | PK - 4 | 2.83 mi |
| North Beach Elementary School | 4100 PRAIRIE AVE | public | 937 | PK - 5 | 2.85 mi |
| Phyllis R. Miller Elementary School | 840 NE 87TH ST | public | 503 | PK - 5 | 2.96 mi |
| Archdiocese Of Miami Virtual Catholic School | 9401 BISCAYNE BLVD | private | 823 | PK - 12 | 2.97 mi |
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