10 Unit Multifamily in Normandy Drive

MULTIFAMILY FOR SALE

10 STUDIOS / ONE REMODELED AND THREE UNDER SECTION 8. 3

Excellent 2-story walk up property fronting Normandy Drive. Value-Add Opportunity. Ten (10) 1/1 Units. One remodeled and three under Section 8. 3 units under section 8. Some month to month to provide flexibility to Buyer (to either enter into annual leases or remodel the unit(s) and increase the rent). 40/50 year certification issued July, 2018. Ideal for 1031 exchange or investors looking for an easy to manage property. Easy access. Close to Normandy Shores Golf Course. 13-minute walk to restaurant/retail row. Close to pharmacies, restaurants, banks, school, gas station, etc.

INVESTMENT SUMMARY | 10-Units Multifamily | Normandy Drive

Asking Price:	$1,750,000
Unit(s) Type:	10 Studios
Average Occupancy:	100%
Type of Property:	Residential Income
County:	Miami-Dade County
Community:	Miami Beach
Stories:	2
Lot Size:	6,303 Sq. Ft
Year Built:	1,958
Style:	I04-Fourplex
Construction Type:	Other Construction
Roof Description:	Other Roof

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