2011 Bay Dr, Miami Beach FL 33141

2011 Bay Dr, Miami Beach, FL, 33141
$4,750,000

Basics

Date added Added 3 weeks ago Category Type Status
Lot size, sq ft 7266 sq ft Year built 1977 ListOfficeName STL Advisors, LLC ListAOR Miami Association of REALTORS®
MLS ID A11648032

Description

  • Description:

    BayWest Isles (2011 Bay Drive) is a four-story fully-modernized Mediterranean style apartment building featuring 15 renovated units in the heart of North Beach. All 15 apartments consist of large 830+ square foot one-bedrooms. The property is fully occupied with a current average rent of $1,812. With significantly below-market rents, there is a potential rental upside of $71,400 annually (an average of $396+ per unit per month) aligning with current market rates.

Location

  • CountyOrParish: Miami-Dade County

Building Details

  • NewConstructionYN: No

Amenities & Features

  • Waterfront available: No
  • GarageYN: No
  • AttachedGarageYN: No
  • CoolingYN: No
  • PoolPrivateYN: No
  • FireplaceYN: No

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