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For Sale
Listed on October 30, 2026
7124 BAY DR
$1,990,000
0 Beds
0 Baths
4,732 sqft
0 Parkings
Lot size:
-
Annual Tax:
$28,380
Occupancy:
Contact Agent
Year Built:
1940
Property type:
Multifamily
#MLS:
A12112742
Description
PRIME MIAMI BEACH INVESTMENT OPPORTUNITY! FULLY LEASED 8-UNIT MULTIFAMILY WITH IMMEDIATE CASH FLOW AND SIGNIFICANT UPSIDE POTENTIAL!
Located in the highly desirable Normandy Isles neighborhood, this income-producing property offers an exceptional mix of stable rental income, a prime location, and value-add potential.
Featuring 4 oversized studios (approx. 500 SF each) and 4 spacious 1-bedroom/1-bathroom residences (approx. 600 SF each), the property is fully occupied and well maintained.
Key improvements include impact windows throughout, upgraded plumbing systems, individual split A/C units, and freshly painted interiors. The 40-year certification is complete.
THE OPPORTUNITY: CAPITALIZE ON EXISTING CASH FLOW WHILE UNLOCKING FUTURE RENTAL GROWTH! With several units already refreshed and additional opportunities for strategic improvements, investors can potentially increase rental income, maximize NOI, and enhance long-term asset value.
Ideally situated minutes from Miami Beach's beautiful beaches, shopping, dining, and new luxury projects such as Pagani, Continuum Club & Residence, Tula, and Shoma Bay. This prime location benefits from strong tenant appeal and convenient access to everything Miami has to offer.
8 UNITS. 100% OCCUPIED. IMMEDIATE INCOME. VALUE-ADD POTENTIAL. PRIME MIAMI BEACH LOCATION.
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
- List Date:10/30/2026
- Updated:10/31/2026
- Last Checked:Recent
- MLS Number:#A12112742
- Brokerage:One Sotheby's International Realty
- Postal Code:33141
- Area:Miami-Dade County
- City:Miami Beach
Additional Property Features
- Occupancy:CallAgent
- List Price:$1,990,000
- Unit Number:-
- Construction:CBSConcreteBlockStructure,Block
- Heating:Electric
- 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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FAQs About 7124 BAY DR
7124 BAY DR, MLS® A12112742 has a size of 4732 sqft.
There are bedrooms and bathrooms in this Multifamily at 7124 BAY DR, MLS® A12112742.
Annual taxes for this home are $28,380 based on 2025 tax year reports.
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





