Prime multifamily investment opportunity in the sought-after Normandy Isle neighborhood of Miami Beach. This well-maintained 5-unit building sits on a 6,662 SF lot and offers strong income potential with a favorable unit mix including three 1BD/1BA units, one 2BD and 1BA and one spacious 1BD/2BA penthouse residence. Ideally positioned near Normandy Park, community pool, local dining, cafés, shopping, and everyday conveniences, with easy access to Biscayne Boulevard, North Beach, and major transit routes. The property benefits from consistent rental demand driven by its central location and walkability.Excellent opportunity for investors seeking stable cash flow with future upside in one of Miami Beachs most established rental submarkets. Fifth unit is located on 2nd floor and rented for $2000.
Listed By
Agency Name: Miami Residential Group
Agency Phone: 305-647-2663
Shown By
Agent Name: Beatriz Meza
Agent Phone: Cell: (954) 214-5969
Agency Title: Realty 100
Estimated Payment
$ 5,840.87 per month $3,738.95 Principal & Interest $1,611.92 Property Tax $490.00 Homeowner's Insurance
1980 Biarritz Dr | MLS# A12034886
This multi-family property located at 1980 Biarritz Dr , Miami Beach, FL 33141 is currently listed for sale with an asking price of $1,680,000. Search Miami Beach real estate on bmeza.realty100.com today.