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For Sale
Listed on January 7, 2026

7124 BAY DR

$2,290,000
0 Beds
0 Baths
4,732 sqft
5250 Parkings
Lot size
-
Annual Tax
$28,380
Occupancy
Tenant
Year Built
1940
Property type
Multifamily
#MLS
A11922740

Description

Exceptional Turnkey Investment Opportunity in Miami Beach Fully leased 8-unit multifamily property offering strong income and long-term upside. The building comprises 4 studios and 4 1BD/1BA units, all well-maintained. Property highlights include: impact windows throughout, split A/C units in every apartment, full kitchens and updated bathrooms, and upgraded electrical and plumbing systems. Succesffully Completed 40-years certification. The property offers a compelling opportunity to optimize future rent in one of Miami Beach’s most sought-after neighborhoods. Highly desirable Normandy Isles neighborhood, minutes to the beach, public transportation, shops, restaurants, and major Miami destinations. High rental demand and low vacancy area.The neighborhood is transitioning from a somewhat quiet into a vibrant, upscale, and highly desirable upcoming luxury community
One Sotheby's International Realty

Features & Details

Learn about the features and details of 7124 BAY DR

Property Details

  • Property Type
    Quadruplex
  • Living Area
    4,732 sqft
  • Year Built
    1940
  • Lot Size
    -
  • Stories
    -
  • Annual Tax
    $28,380.00
  • List Date
    1/7/2026
  • Updated
    2/24/2026
  • Last Checked
    Recent
  • MLS Number
    #A11922740
  • Brokerage
    One Sotheby's International Realty
  • Postal Code
    33141
  • Area
    Miami-Dade County
  • City
    Miami Beach

Additional Property Features

  • Occupancy
    Tenant
  • List Price
    $2,290,000.00
  • Unit Number
    -
  • Construction
    Block
  • Heating
    Central
  • Fireplaces
    -
  • Garage
    -
  • Parking Type
    No
  • Pets Allowed
    No
  • Air Conditioning
    Ceiling Fans
  • Elevator
    No
  • Locker
    No
  • Swimming Pool
    None
  • Patio
  • Basement
    No
  • Den
    No
  • Central Vacuum
    No
  • Garage Type
    No

Additional Listing Information

  • Walk Score
  • Property Manager
    -
  • Utilities Included
    None
  • Furnished
    No
  • Assessment Year
    2025
  • Assignment
    No
  • Extras Included
    None
  • Virtual Tour
    View virtual tour

Inside

  • Bedrooms & Baths
    0 Bed, 0 Bath
  • Ensuite
    Yes
  • Bathrooms
    0
  • Flooring
    Mixed

Price history

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Real estate trends

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Explore Miami-Dade County

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FAQs About 7124 BAY DR

7124 BAY DR, MLS® A11922740 has a size of 4732 sqft.

There are bedrooms and bathrooms in this Multifamily at 7124 BAY DR, MLS® A11922740.

Yes, there is parking available with 5250 spot(s).

Annual taxes for this home are $28,380 based on 2025 tax year reports.
Miami Association of REALTORS®
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.
©2025 Miami Association of REALTORS® all rights reserved.
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7124 BAY DR
7124 BAY DR