Multi-Family: MLS #A11557168 Miami Beach, FL ^$ 3,990,000

Multi-Family: MLS #A11557168

^$ 3,990,000

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Multi-Family: MLS #A11557168

Miami Beach, FL, 33141

^$ 3,990,000

Studio Baths0.0 Sq 3,331

Monthly Estimate*

^$ 27,871

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Studio

Multi-Family Home for sale in Miami Beach, FL

for $3,990,000. This 3,331 square foot home was built in 1950.

OPPORTUNITY FOR DEVELOPERS! WATERFRONT lot in front of North Bay Village. A unique opportunity to acquire land to build luxury units in the fastest growing area of Miami Beach, where developers spent $143.5 million on land acquisitions, to build around 3,000 new condos and apartments. The land has 8,959 sqft. Currently there is 5 units multifamily generating stady income. 60 ft on the water with private dock. 2140 BAY DRIVE IS ALSO AVAILABLE, BOTH LOTS ARE 17918 SQFT IN TOTAL AND ALLOWS BIGGER DEVELOPEMENTS.

Multi-Family Active

Price

^$ 3,990,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 18,727

Style

Fourplex

Year Built

1950

Town/City

Miami Beach

County/Region

Miami-Dade

MLS | Web ID

A11557168

Features

General

Sewer PublicSewer

Heating None

Cooling WallWindowUnits

Utilities CableAvailable

Possession CloseOfEscrow

Roof Other

Architectural Style Fourplex

Pool Features None

Construction Materials Other

Year Built 1950

Stories 1

Levels One

Property SubType Quadruplex

Tax Year 2023

Waterfront Features BayFront

County Miami-Dade County

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Subdivision Name ISLE OF NORMANDY MIAMI VI

Garage Y/N N

Rent Includes HotWater Sewer TrashCollection Water

Status Active

City Miami Beach

Buyer Agent Compensation 2%

View Y/N N

Senior Community Y/N N

Zoning Description 3900

MLS Area 32

Private Pool N

Waterfront Y/N Y

Carport Y/N N

Street Name Bay Dr

Listing Terms Cash Conventional

Property Attached Y/N N

Year Built Details Effective Year Built

Land Lease Y/N N

Tax Annual Amount 18727.0

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11557168

Days on Market 0

Standard Status Active

Occupancy Description CallAgent

Property Sub Type Additional Quadruplex

Legal Description MIAMI VIEW SEC-ISLE OF NORMANDY PART 3 PB 40-33 LOT 14 BLK 40 LOT SIZE 52.090 X 172 OR 15622-1048 0892 1

Interior

Flooring CeramicTile

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N N

Fireplace Y/N N

Electric On Property Y/N N

Total Baths 0

Exterior

Lot Features Item14Acre

Total Parking 5.0

Spa N

Building Area Total 3331.0

Frontage Length 60

Lot Size Units SquareFeet

Covered Spaces 0.0

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 2130

* Excluded Features

List By

Beachfront Realty Inc

Broker

marilinamiami@gmail.com

Affordability Calculator

$29,432

Per Month

Monthly Principal & Interest: $27,871
Monthly Property Taxes: $1,561
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Miami Beach, FL

Average List Price ^$2,669,682

Percent of Sale Price 33%

About Miami Beach, FL

89,941 Population

2% Since 2002

^$56,146 Median Income

43.3 Median Age

15% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

292769 Elementary School

292996 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/26/2024	$3,990,000	-5.00%	Price Down
3/26/2024	$4,200,000		Listed Price

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*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to the real estate for sale on this web site comes in part from the Realtor Association of Greater Miami and the Beaches.

The information being provided is for consumers'personal, non-commercial use and may not be used for any purpose other than to identify prospective consumers may be interested in purchasing. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

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Multi-Family: MLS #A11557168

Multi-Family Home for sale in Miami Beach, FL

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