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About This Property
EXTREMELY RARE OPPORTUNITY TO ACQUIRE TWO PRIME CONTIGUOUS PROPERTIES, EACH WITH A 4-PLEX, ONE BLOCK FROM THE BAY ON POSH, BURGEONING NORMANDY ISLE. CASH COW TURNKEY 8-UNITS IN TOTAL, ALL 1+1'S, FULLY RENTED AND PRODUCING. BOTH BUILDINGS HAVE NEW ROOFS AND 7 OF THE 8 UNITS ARE MODERN AND RENOVATED. KEEP THE PROPERTIES AS THEY ARE AND ENJOY THE RENTAL INCOME OR REDEVELOP IN THE FUTURE. THE LOTS SPAN 13,324 SQUARE FEET AND ARE A SPECTACULAR DEVELOPMENT OPPORTUNITY TO GO VERTICAL WITH A 5-STORY BUILDING WITH 18 OR MORE UNITS, PARKING AND POOL, DEPENDING ON DESIGN CONFIGURATION. INCREDIBLE LOCATION, JUST STEPS FROM THE NORMANDY ISLE PARK, THE GOLF COURSE, MULTI-MILLION DOLLAR WATERFRONT HOMES, ACROSS FROM WALGREENS AND JUST MINUTES TO THE BEACH, PUBLIX, AND THE MAINLAND. THIS IS A WHITE WHALE INVESTMENT, RELENTLESSLY SOUGHT AND ALMOST NEVER FOUND. CALL LISTING BROKER FOR OFFER INSTRUCTIONS.
Property Features
County
Miami-Dade County
Section
10
Area
5764
Subdivision
ISLE OF NORMANDY MIAMI VI
Interior
Stairs
Cooling
Central Air, Wall/Window Unit(s)
Bedrooms
Floors
Tile, Wood
Full Baths
Appliances
Heating
Central, Window/Wall
Style
Attached
Garage Spaces
Construction/Exterior
CBS Construction
Patio / Deck Description
Patio
Exterior
Balcony, Room For Pool
Has a Pool
Possession
Negotiable, Rental Agreement
Lot Size in Acres
Water
Sewer
Public Sewer
Lot Size in Sq. Ft.
0
Has Waterfront
No
Parking Description
View
Has Garage
No
Roof/Attic
Shingle
Senior Community
No
Other Utilities
Property Type
Residential Income
Pets
Property SubType 2
Quadruplex
Tax Year
2022
Year Built
1948
Tax Amount
$29486
APN
NA
Square Feet Source
NA
Map
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