6932 Bay Drive
$1,599,999
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Description
Introducing an exceptional investment opportunity in the heart of Normandy Isles! This multi-family property boasts 5 fully leased units, each contributing to a robust cash flow. With recent renovations including remodeled units 3 years ago and a replaced roof 5 years ago for unit 5, this property offers both stability & growth potential. The unit mix provides a diverse income stream, with 2 units currently generating $1600 ea., one unit at $1400, and 2 additional units at $1750 & $1837.50, located...Introducing an exceptional investment opportunity in the heart of Normandy Isles! This multi-family property boasts 5 fully leased units, each contributing to a robust cash flow. With recent renovations including remodeled units 3 years ago and a replaced roof 5 years ago for unit 5, this property offers both stability & growth potential. The unit mix provides a diverse income stream, with 2 units currently generating $1600 ea., one unit at $1400, and 2 additional units at $1750 & $1837.50, located close to the beach & various shopping amenities. Lot offers opportunities for future expansion. Don't miss out on this rare chance to invest! Call today!
- Listed by Luis Perez • Century 21 Dorar Realty
Property Details for 6932 Bay Drive
Waterfront
No
Area32
AuctionNo
Year Built DescriptionResale
LISTING UPDATED: 06/10/2024 03:40 PM
Property Details for 6932 Bay Drive
Status | Active |
---|---|
MLS # | A11577945 |
Days on Market | 239 |
Taxes | $10,976 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Commercial/Industrial / Income/Multi Family |
Year Built | 1937 |
Lot Size | 0.16 AC / 7,000 SF |
County | Miami-Dade County |
Building Information for 6932 Bay Drive
Stories-Residences-Year Built1937Building Size-Lot Size0.16 AC / 7,000 SF
Property Information for 6932 Bay Drive
Property History for 6932 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 6932 Bay Drive
Taxable ValueLand$700,000Additions$88,842Total$788,842
Tax Record2023$10,976 ($915 / month)
Home Facts
Total Finished SqFt1,387 SqFtAbove Grade Finished SqFt1,387 SqFtStories1Lot Size7,000 SqFtStyleMulti-Family Dwelling (2-4)Year Built1937Year Renovated1947Zoning3900:MULTI-FACountyMIAMI-DADEAPN02-3210-013-0570
Schools near 6932 Bay Drive
This home is within Miami-Dade County Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | PK to 8 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
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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