7124 Bay Dr - Image 1
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$2,290,000

Price Changed

7124 Bay Dr

Miami Beach, FL 33141•Miami-Dade County•OCEAN SIDE SEC-ISLE OF NO
QuadruplexFor SaleActive

Property Highlights

0 / 0

Beds / Baths

4,732

Square Feet

1940

Year Built

About This Property

Exceptional Turnkey Investment Opportunity in Miami Beach Fully leased 8-unit multifamily property offering strong income and long-term upside. The building comprises 4 studios and 4 1BD/1BA units, all well-maintained. Property highlights include: impact windows throughout, split A/C units in every apartment, full kitchens and updated bathrooms, and upgraded electrical and plumbing systems. Succesffully Completed 40-years certification. The property offers a compelling opportunity to optimize future rent in one of Miami Beach’s most sought-after neighborhoods. Highly desirable Normandy Isles neighborhood, minutes to the beach, public transportation, shops, restaurants, and major Miami destinations. High rental demand and low vacancy area.The neighborhood is transitioning from a somewhat quiet into a vibrant, upscale, and highly desirable upcoming luxury community

Property Details

Year Built1940
Living Area4,732 sqft

Listing Information

MLS IDA11922740
MLS NameMiamiAssociationOfRealtors
Sale TypeFor Sale
Days on Market55 days
Last UpdatedFeb 24, 2026
Price ChangedFeb 4, 2026

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Quick Stats

Property Type:Quadruplex
Status:Active
Listed:N/A
7124 Bay Dr - $2,290,000 Quadruplex | Gabriella Gonda