2011 Bay Dr Active Save Request In-Person Tour Request Virtual Tour
Miami Beach,FL 33141
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 12,508 sqft
Price per Sqft $379
MLS Listing ID A11648032
Style Detached
Year Built 1977
Annual Tax Amount $58,580
Lot Size 7,266 Sqft
Property 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.
Location
State FL
County Miami-dade
Area 32