Overview
Closing Costs Calculator- Status: Active
- Parking No info
- Size: 3,603 ft2/334.73 m2
- Price Per: $499.58 ft2/$5,377.48 m2
- Type: Multifamily
- Built: 1953
- HOA: No info
- MLS Number: A11480360
- View No info
- On Site: 177 days
- Updated: 6 Hours Ago
- Page Views: 4
We are thrilled to present an exclusive opportunity for investors at 1735 Normandy Drive. Recently fully rehabilitated, these four apartments boast a fresh, modern appeal, making them an excellent investment choice. Key Features: Recent Full Rehab: Plumbing, electricity, appliances, and flooring have all been newly renovated to high-end quality. Building: This established building has stood the test of time, offering a solid foundation for investment. Great opportunity SELLER FINANCE UP TO 50%Fully Rented: The entire building has recently been leased out, generating a monthly income of $9,000It is rented 15/25% below market value. Pro forma calculated by Miami Beach Housing 2024 PRO FORMA $10,500. MONTHLY RENT
Contact AdvisorDevelopment Amenities
Development Amenities:
- Elevators
- Laundry
- Pool
- Recreation Facilities
- Trash Chute
Price History
| Date | Event | Price | Change Rate | Price Per |
|---|---|---|---|---|
| 03/17/2024 | Price Reduced | $1,800,000.00 | 9.5% | $499.58 ft2/$5,377.48 m2 |
| 02/04/2024 | Price Reduced | $1,990,000.00 | 5.2% | $552.32 ft2/$5,945.10 m2 |
| 01/15/2024 | Price Reduced | $2,100,000.00 | 2.3% | $582.85 ft2/$6,273.72 m2 |
| 11/03/2023 | Listed | $2,150,000.00 | $596.72 ft2/$6,423.10 m2 |
Features
Property Details for 1735 Normandy Dr, North Beach - NoBe, FL 33141
Isle of Normandy, Multifamily current status is Active, 1735 Normandy Dr is a Multifamily in , North Beach - NoBe, FL 33141 with property MLS ID# A11480360.
This Multifamily has been listed on Best of Luxury Realty since November 03, 2023 and is currently priced at 1,800,000. This property was built in 1953.
- Bedrooms
- Bedrooms: No info
- Bedroom Description: No info
- Bathrooms
- Full Bathrooms:
- Half Bathrooms: No info
- Master Bathroom Description: No info
- Exterior and Lot Features
- Exterior Features: No info
- View: No info
- Interior, Heating and Cooling
- Interior Features: No info
- Appliances: No info
- Heating Description: Central
- Cooling Description: No info
- Building and Construction
- Floor Description: Other
- Windows/Treatment: No info
- Construction Type: Block
- Year Built: 1953
- Style: Fourplex
- Waterfront and Water Access
- Waterfront Property: No info
- Waterfront Frontage: No info
- Waterfront Description: No info
- Water Access: No info
- Water Description: No info
- School Information
- Elementary School: No info
- Middle School: No info
- High School: No info
- Other Property Info
- Community Name: Isle of Normandy
- Subdivision Name: ISLE OF NORMANDY MIAMI VI
- Property Type: Multifamily
- Property Subtype: Residential Income
- Type of Association: Homeowners
- Garage Spaces: No info
- Listing Date: 11/03/2023
- Area: 32
- Brokered By: Mia MGMT Group, LLC.
- Taxes, Fees & More
- Maintenance/HOA Fees: No info
- Taxes (PLEASE NOTE THAT: Property taxes on resale can vary and prorated at approximately 2.0% of the purchase price and/or assessed market value. Tax rates differ between municipalities and may vary depending on location and usage): $12,216.00 (2022)
Nearest Schools
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Property Price:
$1,800,000.00
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Area Specialist
Buyer/Tenant EtiquetteAdbutler placeholder
Tracey Schmitt
Real Estate Advisor
Office: (305) 407-1657
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
This property is courtesy of the Mia MGMT Group, LLC.. This listing has been viewed 4 times. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
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