Multifamily For Sale
2011 Bay Dr, Miami Beach, FL 33141

$4,750,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11648032
  • Virtual Tour: YES
  • List Price: $4,750,000
  • Taxes:$58,580
  • Year Built:1977
  • Listing Date:August 26, 2024
  • Days On Market:42
  • Total Units:15

Description


BayWest Isles (2011 Bay Drive) is a four-story fully-modernized Mediterranean style apartment building featuring 15 renovated units in the heart of North Beach. All 15 apartments consist of large 830+ square foot one-bedrooms. The property is fully occupied with a current average rent of $1,812. With significantly below-market rents, there is a potential rental upside of $71,400 annually (an average of $396+ per unit per month) aligning with current market rates.

Features


  • Floor:
  • Exterior Feature:

Location


Price History


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker