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For Sale
Listed on January 7, 2026
7124 BAY DR
$2,390,000
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 TypeQuadruplex
- Living Area4,732 sqft
- Year Built1940
- Lot Size-
- Stories-
- Annual Tax$28,380.00
- List Date1/7/2026
- Updated1/7/2026
- Last CheckedRecent
- MLS Number#A11922740
- BrokerageOne Sotheby's International Realty
- Postal Code33141
- AreaMiami-Dade County
- CityMiami Beach
Additional Property Features
- OccupancyTenant
- List Price$2,390,000.00
- Unit Number-
- ConstructionBlock
- HeatingCentral
- Fireplaces-
- Garage-
- Parking TypeNo
- Pets AllowedNo
- Air ConditioningCeiling Fans
- ElevatorNo
- LockerNo
- Swimming PoolNone
- Patio
- BasementNo
- DenNo
- Central VacuumNo
- Garage TypeNo
Additional Listing Information
- Walk Score–
- Property Manager-
- Utilities IncludedNone
- FurnishedNo
- Assessment Year2025
- AssignmentNo
- Extras IncludedNone
- Virtual TourView virtual tour
Inside
- Bedrooms & Baths0 Bed, 0 Bath
- EnsuiteYes
- Bathrooms0
- FlooringMixed
Price history
Learn about the price history of 7124 BAY DR
Real estate trends
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Explore Miami-Dade County
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Mortgage Calculator
Estimate monthly payments for 7124 BAY DR
$0
20.0%
$2,390,000
1%
5.25%
10%
Estimated Monthly Payment
$11,458
Cash Flow Analysis
Mortgage Payment:
$11,457.62
Monthly Payment:
$13,822.62
Break Even Down Payment:
100%
Cash Flow
$0
Disclaimer: This calculator provides estimates for informational purposes only. Consult a financial advisor for personalized advice.
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About this property
Discover this exceptional quadruplex in the heart of Isle of Normandy Ocean Side, Miami Beach. This well-appointed property offers 4,732 square feet of living space. Originally built in 1940. Offered at $2,390,000.00 Don't miss this opportunity to own in one of the area's most desirable locations.
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.
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