Property Description
Prime multifamily investment opportunity in the sought-after Normandy Isle neighborhood of Miami Beach. This well-maintained 5-unit building sits on a 6,662 SF lot and offers strong income potential with a favorable unit mix including three 1BD/1BA units, one 2BD and 1BA and one spacious 1BD/2BA penthouse residence. Ideally positioned near Normandy Park, community pool, local dining, cafes, shopping, and everyday conveniences, with easy access to Biscayne Boulevard, North Beach, and major transit routes. The property benefits from consistent rental demand driven by its central location and walkability. Excellent opportunity for investors seeking stable cash flow with future upside in one of Miami Beach's most established rental submarkets.
Overview
Property Type
Commercial
Location
1980 Biarritz Dr, Miami Beach, FL 33141
Year Built
1951
Zoning
3900
MLS ID
A12039962
Listing Last Updated
Property Features & Amenities
Interior
Total Rooms
0
Flooring
Tile, Wood
Exterior
Stories
2
Water Source
Public
Roof
Concrete
Lot Features
City Location
Parking
On Street
Heat Type
Wall/Window Units
Air Conditioning
Wall/Window Unit(s)
Sewer
Public Sanitation
Security Features
Smoke Alarm, Smoke Detector(s)
Details
Total Area
3,924 Sq.Ft.
Neighborhood
Miami Beach
Financial
Price
$1,549,000
Real Estate Tax
$19,343/yr
Exclusive Listing Agents