2011 Bay Dr, Miami Beach, 33141

  • $4,750,000

Listing UP for Sale

Miami Beach

Overview

Property ID: A11648032
  • 7266
  • Lot sqft
  • 1977
  • Year Built

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.

  • Address 2011 Bay Dr
  • City Miami Beach
  • State/county Florida
  • Zip/Postal Code 33141
  • Area Miami-dade County

Details

Updated on August 27, 2024 at 10:34 am
  • Property ID: A11648032
  • Price: $4,750,000
  • Land Area: 7266 sqft
  • Year Built: 1977
  • Property Status: Listing UP for Sale

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