Description

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

Address

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Address: Bay
City: Miami Beach
State/county: Miami-Dade
Zip/Postal Code: 33141

Details

Updated on August 12, 2026 at 10:54 am

Property ID A11922740
Price $2,140,000
Property Size 4732 Sq Ft
Year Built 1940
Type Quadruplex
Property Status Residential Income

Additional details

BuildingAreaTotal 4732
CLIP 6126721328
CoListAgentAOR Miami Association of REALTORS
CoListAgentDirectPhone 305-890-0364
CoListAgentEmail charlottedjiane@gmail.com
CoListAgentFirstName Charlotte
CoListAgentFullName Charlotte Gleichgevicht
CoListAgentKey 26629633
CoListAgentKeyNumeric 26629633
CoListAgentLastName Gleichgevicht
CoListAgentMlsId SEF3611087
CoListAgentNationalAssociationId 279673916
CoListAgentOfficePhone 305-935-0300
CoListAgentPreferredPhone 305-890-0364
CoListAgentStateLicense 3611087
CoListOfficeAOR Miami Association of REALTORS
CoListOfficeEmail MLS@onesothebysrealty.com
CoListOfficeKey 5903978
CoListOfficeKeyNumeric 5903978
CoListOfficeMlsId SEFOSIR22
CoListOfficeName One Sotheby's International Realty
CoListOfficePhone 305-935-0300
ConstructionMaterials Block
ContractStatusChangeDate 2026-08-12
Cooling Ceiling Fan(s)
CumulativeDaysOnMarket 216
CurrentPrice 2140000
DaysOnMarket 216
DaysOnMarketReplication 216
DaysOnMarketReplicationDate 2026-08-12
DaysOnMarketReplicationIncreasingYN 1
DocumentsAvailable Lease, Other, Rent Rolls, Survey
DocumentsCount 0
Electric Circuit Breakers
ElementarySchool Treasure Island
Flooring Other, Tile, Wood
GrossIncome 12575
Heating Central, Separate Meters
HighSchool Miami Beach
InternetAddressDisplayYN 1
InternetAutomatedValuationDisplayYN 1
InternetEntireListingDisplayYN 1
ListAOR Miami REALTORS
ListAgentAOR Miami Association of REALTORS
ListAgentDirectPhone 786-267-7320
ListAgentEmail brigitte@brigittelina.com
ListAgentFirstName Brigitte
ListAgentFullName Brigitte Lina
ListAgentKey 26787623
ListAgentKeyNumeric 26787623
ListAgentLastName Lina
ListAgentMlsId SEF3179748
ListAgentNationalAssociationId 279545758
ListAgentOfficePhone 305-935-0300
ListAgentPreferredPhone 786-267-7320
ListAgentStateLicense 3179748
ListOfficeAOR Miami Association of REALTORS
ListOfficeEmail MLS@onesothebysrealty.com
ListOfficeKey 5903978
ListOfficeKeyNumeric 5903978
ListOfficeMlsId SEFOSIR22
ListOfficeName One Sotheby's International Realty
ListOfficePhone 305-935-0300
ListingAgreement Exclusive Right To Sell
ListingContractDate 2026-01-07
ListingKey 1150494881
ListingKeyNumeric 1150494881
ListingTerms Cash, Conventional, Cryptocurrency, FHA, VA Loan
MLSAreaMajor 2320
MajorChangeTimestamp August 12, 2026 at 01:16am
MajorChangeType Back On Market
MapCoordinateSource Imported
MiddleOrJuniorSchool Miami Beach Nautilus
MlsStatus Active
MobileDimUnits Feet
ModificationTimestamp August 12, 2026 at 10:04am
NumberOfUnitsInCommunity 1
NumberOfUnitsTotal 1
OnMarketDate 2026-08-12
OnMarketTimestamp 2026-08-12T00:00:00.000-00:00
OpenHouseModificationTimestamp 2026-08-12T00:39:33.027-00:00
OriginalEntryTimestamp January 7, 2026 at 01:50pm
OriginalListPrice 2390000
OriginatingSystemCoListAgentMemberKey 302835877
OriginatingSystemCoListOfficeKey 1252260
OriginatingSystemID M00000151
OriginatingSystemKey 484565024
OriginatingSystemListAgentMemberKey 1202811
OriginatingSystemListOfficeKey 1252260
OriginatingSystemModificationTimestamp 2026-08-12T00:39:33.027-00:00
OriginatingSystemName BEACH
OriginatingSystemSubName BEACH_MIAMI
ParcelNumber 0232100130320
ParkingTotal 5250
PatioAndPorchFeatures Patio
Permission IDX
PhotosChangeTimestamp August 12, 2026 at 10:04am
PhotosCount 28
Possession Negotiable
PostalCity Miami Beach
PostalCode 33141
PostalCodePlus4 5453
PreviousListPrice 2390000
PriceChangeTimestamp April 13, 2026 at 04:06pm
PropertySubTypeAdditional Quadruplex
PublicSurveyTownship 2
Roof Shingle
Sewer Public Sewer
SourceSystemID TRESTLE
SourceSystemKey 1150494881
SourceSystemName flexmls
StateOrProvince FL
StatusChangeTimestamp August 12, 2026 at 01:16am
StoriesTotal 2
StreetName Bay
StreetNumber 7124
StreetNumberNumeric 7124
StreetSuffix Drive
StructureType Multi Family
SubdivisionName OCEAN SIDE SEC-ISLE OF NO
TaxAnnualAmount 28380
TaxLegalDescription OCEAN SIDE OF ISLE OF NORMANDY PB 25-60 LOT 5 LESS S50FT BLK 3 LOT SIZE 63.330 X 75 OR 23582-2898 07 2005 2 (2) COC 26296-4755 03 2008 2
TaxYear 2025
UniversalPropertyId US-12025-N-0232100130320-R-N
Utilities Cable Available
VideosChangeTimestamp 2026-08-12T10:04:44.897-00:00
VideosCount 0
WaterSource Public
Zoning 4800