2101 Normandy Drive, Miami Beach, FL 33141 | MLS A10555965 | Listing Information | BHHS Florida Realty

2101 Normandy Drive,  Miami Beach FL, 33141

Status: Active
MLS#: A10555965
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Last Updated: 11/12/2018 8:39 PM
Description for 2101 Normandy Drive Miami Beach, FL 33141
This impressive opportunity with 49 apartment units under one roof and 28 on-site parking spaces, is the most desirable investment available in Miami Beach. Residents enjoy the proximity to the beach and parks. Amenities like a private pool, abundant balconies, plentiful parking, huge closets and on-site laundry keep tenants happy while they appreciate the MiMo building architecture. Strong rental demand and stable cash flow, as well as the planned neighborhood public and private developments, make this investment exceptionally attractive. The 49 oversized units are 51% larger than the average Normandy Isle apartment. Priced well below market average at only $241.69/sqft, this is a high-performing asset demanding premium pricing and showing high occupancy year over year.
Price
$11,000,000
Miami-Dade County
A10555965
Active
Description
This impressive opportunity with 49 apartment units under one roof and 28 on-site parking spaces, is the most desirable investment available in Miami Beach. Residents enjoy the proximity to the beach and parks. Amenities like a private pool, abundant balconies, plentiful parking, huge closets and on-site laundry keep tenants happy while they appreciate the MiMo building architecture. Strong rental demand and stable cash flow, as well as the planned neighborhood public and private developments, make this investment exceptionally attractive. The 49 oversized units are 51% larger than the average Normandy Isle apartment. Priced well below market average at only $241.69/sqft, this is a high-performing asset demanding premium pricing and showing high occupancy year over year.
Listing Information
Property Type: Other
0.77 Acres 1959
Public Water Service
Public Sewer
Separate Meters
Neighborhood
Room Information
Interior Features
Window/Wall Unit
Exterior / Lot Features
27 Parking Spaces, Assigned Parking Space, Street Parking
None
Corner, End Unit, State Road, One Way Street
Driving Directions
Contact Listing Agent
Financial Considerations
02-32-10-011-0940
$92,891
2017
Market Trends and Price History
Listing Price History

Miami Beach Real Estate

Miami Beach is located in Florida. Miami Beach, Florida 33141 has a population of 92,312.

The median household income in Miami Beach, Florida 33141 is $42,547. The median household income for the surrounding county is $43,099 compared to the national median of $53,482. The median age of people living in Miami Beach 33141 is 40.2 years.

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This content last refreshed on 11/12/2018 8:39 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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