Investor Opportunity: Normandy Island. Enjoy stunning sunsets from this private 2-bed/2-bath, split-layout unit located on Bay Drive West, nestled on a quiet, no-outlet street. Rents for $3,500/month +/- fully renovated, or can be leased as-is for \$2,500/month +/-. Possible future developer land play opportunity with 2 four unit, single-level buildings and a 2 level building with 18-units, totaling 26 units. The entire property sits on approx. 35,000 SF property with an impressive 220 feet of Biscayne Bay frontage. With $2 billion + in new construction underway in the area. Additional; low monthly maintenance, new seawall, dock, and pool, and the building has successfully passed the 40-year recertification, ensuring structural integrity and compliance. Near Golf, tennis & kid parks.
For sale
$350,000
2200 Bay Dr APT 3, Miami Beach, FL 33141
2beds
1,035sqft
Est.:
Condominium
Built in 1951
-- sqft lot
$-- Zestimate®
$338/sqft
$873/mo HOA
What's special
Leased as-isStunning sunsetsSplit-layout unitQuiet no-outlet streetNew seawall
- 61 days |
- 643 |
- 24 |
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