1980 Biarritz Dr, Miami Beach, FL 33141

$1,680,000

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List Price
$1,680,000
MLS#
A12039962
Status
ACTIVE
Type
Commercial

Property Description

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.

Additional Information

Days on Market
38
Tax Amount
$19,343
Water Access
Building & Land, Leases, Leases
Parcel Number
02-32-10-002-0880
Lot Size
6,662
Address
1980 Biarritz Dr, Miami Beach
Year Built
1951
Section
10

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Calculator source: Real Geeks

Listing Courtesy of Miami Residential Group, Contact: