1980 Biarritz Dr

Miami Beach, FL 33141
$1,680,000
Prime multifamily investment opportunity in the sought-after Normandy Isle neighborhood of Miami Beach. This well-maintained 5-unit building sits on a 6,662 SF lot and offers strong income potential with a favorable unit mix including three 1BD/1BA units, one 2BD and 1BA and one spacious 1BD/2BA penthouse residence. Ideally positioned nearRead MoreRead Less
Courtesy of Miami Residential Group.
Listing Snapshot
Days Online
7
Last Updated
Property Type
Multi Family
Lot Size
0.15 Acres
Year Built
1951
MLS Number
A12039962
30 Days Snapshot Of 33141
$868k
-2%
(avg) sold price
41
+7%
homes sold
65
-27%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Construction Materials: Concrete Block Construction, Stories: 2, Year Built: 1951, Year Built Details: Resale, Building Area Total: 3924, Structure Type: Free Standing
Community
Units In Community: 5
Cooling
Cooling: Wall/Window Unit(s)
Expenses
Insurance Expense: 2205, Operating Expense: 34648, Other Expense: 10400, Trash Expense: 2700
Floors
Flooring: Tile, Wood
Water Features
Water Source: "Public"
Heating
Heating: Wall/Window Units
Income
Gross Scheduled Income: $116,640, Net Operating Income: $81,992
Lot
Square Feet: 6662, Features: City Location
Miscellaneous
Inclusions: Building & Land, Leases, Leases
Parking
Open Parking, Features: On Street
Property
Leasable Area Units: Square Feet
Roof
Roof: Concrete
Security Features
Features: Smoke Alarm, Smoke Detector(s)
Sewer
Sewer: Public Sanitation
Taxes
Parcel Number: 02-32-10-002-0880, Tax Annual Amount: $19,343, New Taxes Expense: 19343, Tax Legal Description: ISLE OF NORMANDY MIAMI VIEW SEC PART 1 PB 34-80 LOT 4 BLK 38 LOT SIZE 53.300 X 125 OR 14340-1297 1189 4, Tax Year: 2025
Tenant Pays
Tenant Pays: Electricity
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Eddie Blanco
Realtor®
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