This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/13
6932 Bay Dr, Miami Beach, FL 33141
$1,999,999
6932 Bay Dr, Miami Beach, FL 33141View this property at 6932 Bay Dr, Miami Beach, FL 33141
6932 Bay DrMiami BeachFL33141
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/13
Property Description
Introducing an exceptional investment opportunity in the heart of Normandy Isles! This multi-family property boasts 5 fully leased units, each contributing to a robust cash flow. With recent renovations including remodeled units 3 years ago and a replaced roof 5 years ago for unit 5, this property offers both stability & growth potential. The unit mix provides a diverse income stream, with 2 units currently generating $1600 ea., one unit at $1400, and 2 additional units at $1750 & $1837.50, located close to the beach & various shopping amenities. Lot offers opportunities for future expansion. Don't miss out on this rare chance to invest! Call today!
Full Property Details
Full Property Details for 6932 Bay Dr
General
- Price: $1,999,999
- Taxes: $10,976 (2023)
- Status: Active
- Type: Apartment
- MLS ID: A11577945
- Updated: 4/30/2024
- Added to Site: 38 day(s) ago
Business
- Business Type: Apartments, Residential-Multi-Family
Rental Information
- Lease/Rent Term: 1 To 3 Year Lease
Interior
- Flooring: Tile
Additional Information
- Security/Safety: Smoke Alarm, Security System
Parking
- Total Spaces: 8
- Parking Features: Assigned, Guest, On Street
Location
- County: Miami-Dade County
Community
- Units Assoc/Comm: 5
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Individual A/C, Other
Utilities
- Sewer: Public Sanitation
- Water: Public
Structural Information
- # Buildings: 1
- Structure Type: Free Standing
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Shingle
- Building Size: 2297
- Current Bldg. Use: Income Non-Waterfront
- Year Built: 1937
Unit Information
- Units in Complex: 5
Lot Features
- Lot Size (Acres): 0.25
- Lot Size (Sq. Ft.): 7,000
- Lot Features: City Location
- Zoning: 3900
Financial Considerations
- Insurance Fee: $1,600
- Tax Amount: $10,976
- Tax Year: 2023
- Terms: All Cash, Conventional/Refinance
- Tenant Pays: Electricity
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Special Conditions: Sale
- Legal Description: OCEAN SIDE SEC ISLE OF NORMANDY PB 25-60 LOT 13 BLK 5 LOT SIZE 50.000 X 140 OR 17496-3453 0197 1 COC 23705-2546 07 2005 1
- Inclusions: Building & Land, Leases
- Property ID: 02-32-10-013-0570
Listed by Century 21 Dorar Realty
Get Pre-Approved Today
Schools
Schools serving 6932 Bay Dr
School District:Miami-Dade County School District
Rating | Name | Grades | Distance |
---|---|---|---|
7540 E Treasure Dr, North Bay Vlg, FL 33141 | PK-5 | 1.3 mi | |
12829 Sw 272nd St, Homestead, FL 33032 | PK-8 | 28.9 mi | |
4301 N Michigan Ave, Miami Beach, FL 33140 | 6-8 | 2.8 mi | |
2231 Prairie Ave, Miami Beach, FL 33139 | 9-12 | 3.8 mi | |
Robert Morgan Educational Center and Technical College
18180 Sw 122 Avenue, Miami, FL 33177 | 9-12 | 24 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 6932 Bay Dr
Date
Details
Price
Change
Source
4/30/2024
Listed
$1,999,999
244.83%
MLS
7/29/2005
Sold
$580,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 6932 Bay Dr
Year
Property Taxes
Change
Tax Assessment
Change
2023
$10,976
14%
$788,842
17%
2022
$9,623
2%
$675,000
—
2021
$9,474
—
$675,000
12%
2021
$9,474
-14%
$605,000
6%
2019
$11,046
61%
$570,000
97%
2018
$6,864
3%
$289,734
-42%
2017
$6,671
2%
$500,000
109%
2016
$6,559
16%
$239,450
10%
2015
$5,663
12%
$217,682
10%
2014
$5,034
15%
$197,893
-7%
2013
$4,384
—
$211,651
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 6932 Bay Dr
6932 Bay Dr, Miami Beach, FL 33141 (MLS# A11577945) is a Apartment property. 6932 Bay Dr is currently listed for $1,999,999 and was received on April 30, 2024. Want to learn more about 6932 Bay Dr? Do you have questions about finding other Apartment real estate for sale in Normandy Isles? You can browse all Normandy Isles real estate or contact a Coldwell Banker agent to request more information.