$2,650,000

1910 and 1920 Biarritz Dr, Miami Beach FL 33141

1,403 days on market

Living area
5,764 sqft
Price per sqft
$460
Type
Quadruplex
Year built
1948
Taxes
$29,486/yr
MLS #
A11319397

About this home

EXTREMELY RARE OPPORTUNITY TO ACQUIRE TWO PRIME CONTIGUOUS PROPERTIES, EACH WITH A 4-PLEX, ONE BLOCK FROM THE BAY ON POSH, BURGEONING NORMANDY ISLE. CASH COW TURNKEY 8-UNITS IN TOTAL, ALL 1+1'S, FULLY RENTED AND PRODUCING. BOTH BUILDINGS HAVE NEW ROOFS AND 7 OF THE 8 UNITS ARE MODERN AND RENOVATED. KEEP THE PROPERTIES AS THEY ARE AND ENJOY THE RENTAL INCOME OR REDEVELOP IN THE FUTURE. THE LOTS SPAN 13,324 SQUARE FEET AND ARE A SPECTACULAR DEVELOPMENT OPPORTUNITY TO GO VERTICAL WITH A 5-STORY BUILDING WITH 18 OR MORE UNITS, PARKING AND POOL, DEPENDING ON DESIGN CONFIGURATION. INCREDIBLE LOCATION, JUST STEPS FROM THE NORMANDY ISLE PARK, THE GOLF COURSE, MULTI-MILLION DOLLAR WATERFRONT HOMES, ACROSS FROM WALGREENS AND JUST MINUTES TO THE BEACH, PUBLIX, AND THE MAINLAND. THIS IS A WHITE WHALE INVESTMENT, RELENTLESSLY SOUGHT AND ALMOST NEVER FOUND. CALL LISTING BROKER FOR OFFER INSTRUCTIONS.

Estimated subtotal

$2,457/mo

Principal and interestThe current market rate is not available right now. Enter the rate your lender quoted.
Not included
Property taxMLS 2022 annual tax, shown monthly
$2,457
HOANot in the MLS record
Not included

The current market rate is not available right now. Enter the rate your lender quoted.

Estimate. Jumbo and investor loans are often priced differently; verify with your lender. Property tax is the seller's current bill and may be reassessed after purchase. Items marked Not included are not in this total.

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The neighborhood

Miami Beach, 33141

What to check here

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Listing courtesy of Howard Chase Real Estate, LLC

Listing data provided by the Miami Association of Realtors MLS, deemed reliable but not guaranteed.

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