2011 Bay Drive
$4,750,000
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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.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.
- Listed by Max Loria • STL Advisors, LLC
Property Details for 2011 Bay Drive
Area
32
AuctionNo
LISTING UPDATED: 08/26/2024 06:00 PM
Property Details for 2011 Bay Drive
Status | Active |
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MLS # | A11648032 |
Days on Market | 123 |
Taxes | $58,580 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Commercial/Industrial / Income/Multi Family |
Year Built | 1977 |
Lot Size | 0.17 AC / 7,266 SF |
County | Miami-Dade County |
Building Information for 2011 Bay Drive
Stories-Residences-Year Built1977Building Size-Lot Size0.17 AC / 7,266 SF
Property Information for 2011 Bay Drive
Property History for 2011 Bay Drive
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2011 Bay Drive
Taxable ValueLand$726,600Additions$2,373,400Total$3,100,000
Tax Record2023$58,580 ($4,882 / month)
Home Facts
Total Finished SqFt12,508 SqFtAbove Grade Finished SqFt12,508 SqFtStories4Lot Size7,266 SqFtStyleMulti-Family Dwelling (2-4)Year Built1977Zoning3900:MULTI-FACountyMIAMI-DADEAPN02-3210-002-1060
Schools near 2011 Bay Drive
This home is within Miami-Dade County Public Schools.
Rating | School | Type | Grades | Distance |
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Public - | PK to 5 | |||
Public - | PK to 8 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
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Treasure Island Elementary School PublicPK to 5 | ||
Air Base K-8 Center for International Education PublicPK to 8 | ||
Nautilus Middle School Public6 to 8 | ||
Robert Morgan Voc-Tech Institute Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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