FL > Miami Beach
Miami Beach, FL 33141,2011 Bay Dr
Miami Beach, FL 33141,2011 Bay Dr
Miami Beach, FL 33141,2011 Bay Dr
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$4,750,000
Est. payment /mo
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12,508 SqFt
Active

2011 Bay Dr Miami Beach, FL 33141

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Anthony Guerriero

Anthony Guerriero

+1(646) 376-8752

UPDATED:

09/30/2024 09:20 PM

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

HOA Y/N No

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

Building

Architectural Style Detached

Others

Tax ID 02-32-10-002-1060

Listed by STL Advisors, LLC

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Anthony Guerriero

Broker

+1(646) 376-8752

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2011 Bay Dr

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