7124 Bay Dr Miami Beach FL 33141 | MLS #A11922740

7124 Bay Dr
Miami Beach, FL, 33141
$2,140,000
Beds
0 Baths
4,732 SqFt
0 Acres
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MLS #A11922740 image #0
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

Property Details

Price:
$2,140,000
MLS #:
A11922740
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
OCEAN SIDE SEC-ISLE OF NO
Neighborhood:
oceansidesecisleofno
Listed Date:
Jan 7, 2026
Finished Sq Ft:
4,732
Total Sq Ft:
4,732
Year Built:
1940
Units:
8
Ocean Side Sec-isle Of NoOceansidesecisleofnoOcean Side Sec-isle Of No

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Schools

Interior

Cooling
Ceiling Fan(s)
Flooring
Other, Tile, Wood
Heating
Central
Interior Features
Stairs

Exterior

Construction Materials
CBS Construction
Lot Features
Less Than 1/4 Acre Lot
Parking Spots
5250
Parking Total
5250
Patio And Porch Features
Patio
Roof
Shingle
Stories
2

Financial

Tax Year
2025
Taxes
$28,380

Map

Community

Subdivisions in Miami Beach

Market Summary

Current real estate data for Multi Family in Miami Beach as of Aug 29, 2026
49
Multi Family Listed
183
Avg DOM
743
Avg $ / SqFt
$2,950,202
Avg List Price

Property Summary

    Located in the OCEAN SIDE SEC-ISLE OF NO subdivision, 7124 Bay Dr Miami Beach FL is a Multi Family for sale in Miami Beach, FL, 33141. It is listed for $2,140,000 To schedule a showing of MLS#a11922740 at 7124 Bay Dr in Miami Beach, FL, contact your CENTURY 21 Carioti agent at 2392986550.

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disclosure
Courtesy of One Sotheby’s International Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Miami, FL. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Miami, FL. All rights reserved.
Rover IDX
7124 Bay Dr
Miami Beach, FL