For Sale
$1,900,000

2101 Bay DrMiami, FL 33141

Four-unit building, prime location, high rental potential.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional multifamily investment opportunity presents a charming 1-story, 4-unit apartment building situated on a desirable corner lot in Miami Beach, Florida. Built in 1940, this property at 2101 Bay Dr, Miami Beach, FL 33141, offers a fantastic chance to capitalize on the strong rental market. All four units are currently leased, providing immediate cash flow. The property's location is a key advantage, offering residents easy walking access to supermarkets, restaurants, and the beautiful Miami Beach. The existing rental income presents a solid foundation for a long-term investment strategy, with significant potential for increased revenue through market-rate adjustments. The building's single-story design simplifies management and maintenance. This is an ideal opportunity for investors seeking a proven, income-generating asset in a highly sought-after location. The property's corner lot provides additional potential for future development or expansion. This is a rare chance to acquire a well-located, established multifamily property in Miami Beach at an attractive asking price of $1,900,000. Don't miss this chance to secure a piece of Miami Beach real estate.

Highlights

  • Exceptional 4-unit multifamily investment opportunity in desirable Miami Beach location.
  • 1-story building on a corner lot at 2101 Bay Dr, Miami Beach, FL 33141, built in 1940.
  • All four units currently leased, generating immediate cash flow.
  • Prime location offers easy access to amenities and Miami Beach.
  • Significant potential for increased revenue through market-rate adjustments.
  • Single-story design simplifies management and maintenance.

Property Details for 2101 Bay Dr

Property type
Apartment buildings, Small apartment buildings
Year Built
1940
Stories
1
Units
4

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.8515313
Longitude
-80.1434594
2101 Bay Dr, Miami, Florida

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2101 Bay Dr
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