Rare Opportunity to secure a two-folio multi-family assembly in one of the most desirable area of Miami Beach(02-3210-013-0810 & 02-3210-013-0830) The offering includes 18 Units. Six 2 Bedroom / 2 Baths (RARE) and Twelve 1 Bedroom / 1 Bath. All units are HUGE mid-century floor plans with plenty of closets. Several with hardwood floors and original design features. Rents are below market and offer an investor revenue growth opportunity given units sizes and location. The lots are also ideal for development of approximately 20 townhouses (subject to Miami Beach zoning guidelines). Market demand in each approach will provide the Buyer a fantastic capital and income growth. The property is walking distance from Normandy Circle, the North Beach Business District, and the beaches.
Full Address: 935 & 945 Bay Dr, Miami Beach FL 33141, Miami Beach, FL 33141
Total Size: N/A
Taxes: $37533 x Year