Isle Of Normandy Miami VI For Sale
2125 Bay Dr, Miami Beach, FL 33141

$580,000
Sold
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:F10268534
  • Virtual Tour: YES
  • List Price: $595,000
  • Sold Price: $580,000
  • Taxes:$14,957
  • Listing Date:January 28, 2021
  • Sold Date: June 11, 2021
  • Days On Market:133

Description


VALUE IS IN THE LAND! Amazing investment opportunity. You can build a 10 unit building w/ parking & elevator in this desirable location of North Miami Beach near the Intercoastal! 6x2b/2b & 4x1b/1b est. $1.83 mil or 9 units with no parking/elevator for est. $1.4 mil. See plans attached for details. Seller spent $40k for architectural plans - can be transferred to buyer. Project verbally approved by the city in 2019, plans were not. Great location! Easy access to I95, direct access to 79th bridge, 1 block from Walgreens, gas station, supermarket & daycare, .5 mile to Normandy Isles Park & Pool, 1.5 miles to beach. Close to Normandy Shores Golf Course and restaurants. Triplex currently on land is a tear down or needs major repairs. Actual rental income: $3,850/month

Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker