Prime multifamily investment opportunity in the sought-after Normandy Isle neighborhood of Miami Beach. This well-maintained 5-unit building sits on a 6,662 SF lot and offers strong income potential with a favorable unit mix including three 1BD/1BA units, one 2BD and 1BA and one spacious 1BD/2BA penthouse residence. Ideally positioned near Normandy Park, community pool, local dining, cafés, shopping, and everyday conveniences, with easy access to Biscayne Boulevard, North Beach, and major transit routes. The property benefits from consistent rental demand driven by its central location and walkability. Excellent opportunity for investors seeking stable cash flow with future upside in one of Miami Beach’s most established rental submarkets.
Miami-Dade County
10
3924
Wall/Window Unit(s)
Tile, Wood
Wall/Window Units
Concrete Block Construction
Public
Public Sanitation
6662
No
On Street
No
Concrete
No
Commercial Sale
Income/MultiFamily
2025
1951
$19343
NA
NA
No similar listings found.