2120 Biarritz Dr
Property Description
Seller Financing Available. Competitive 4.73% Cap rate. Discover this exceptional turnkey four-plex investment opportunity in the highly desirable Normandy Isles neighborhood of Miami Beach. Just moments from the beach, intracoastal waterways, parks, schools, supermarkets, and vibrant dining, this well-maintained 1950s-era building offers strong rental demand and immediate income with upside potential. The property includes four spacious units: two 1BR/1BA (796 sq ft each) and two 2BR units (one 2/2 and one 2/1, each ~950 sq ft). All units are fully remodeled featuring, new appliances, brand-new bathrooms, premium flooring, new impact windows, new water heaters, and efficient mini-split AC systems. Modern kitchens, extra-large living/dining areas, ample closets, and private terraces with pool access complete the appeal. Tenants enjoy premium shared amenities: a beautifully renovated pool, lush and modern landscaping, onsite laundry room, and 5 dedicated parking spaces. All city-required certifications and inspections are up to date with nothing pending-ready for seamless ownership. This solid concrete-block building is perfect for investors seeking stability in a proven Miami Beach rental market. Low maintenance, high tenant appeal, and excellent location make it a rare find. Don't miss this cash-flowing asset! Contact the listing agent for pro forma, rent rolls, and details. Measurements approximate; buyer to verify.
Broker Details
EXP REALTY LLC (888) 883-8509
MLS ID: 3276257 State License Number: 3276257
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,700,000 |
| Year Built: | 1956 |
| Lot Size: | 3,492.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 6 |
| Number of Bathrooms: | 0 |
ID: 3yd-MAORFL-A12039498
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