4 Miami Beach Units + Additional Lot

Property feature image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Address: 7115 Rue Granville, Miami Beach, FL 33141, USA
Created date: May 2, 2024
Date last updated: May 15, 2024
  • Amazing Location In Miami Beach- Normandy Isles
  • About A Mile From The Beach
  • Surrounded By Biscayne Bay
  • Community Parks, Pool, Golf Course+
  • Additional Lot
  • Property Ideal For Possible Air Bnb, Annual Rental Or Owner Occupant

Property Description

Location! Location! Location! Miami Beach 4Plex, All Large 2 Bed 2 Bath Units In One Of Miami's Exclusive Areas, Normandy Isles! Located About A Mile From Miami Sandy Beaches & Surrounded By Beautiful Biscayne Bay. Normandy Isles Also Has Community Parks, Pool + Normandy Shores Golf Course & So Much More. Making This Property Ideal For Possible Air Bnb, Annual Rental Or Owner Occupant. Property Has An Additional Bonus Lot To Possibly Expand The Building, Add a Pool Or For Possible Additional Units. All 4 Units Have Separate Electric Meters. Current Rents Are Below Market. Projected Annual Gross Income is $132,000 +/- (Including Coin Laundry). Estimated Annual Expenses Are $37,482 +/-. Expenses Include Taxes:$14,382 Landscaping: $3,000 Estimated Insurance: $7,500 Water: $6,000 Trash: $6,600  

Key Property Information

Listing Status: Available
Property Types: 2-4 Units
Price: $1,698,000
No. of Units: 4
Average Occupancy: 100
Year Built: 1947
Building Size: 4,524 Sq ft
Lot Size: 6,775.00 Sq ft
APN: 02-3210-017-0340
Zoning Code: RM-1
Opportunity Zone: No
Price per unit: $424,500
Parking Spaces: 9
Address: 7115 Rue Granville, Miami Beach, FL 33141, USA

FINANCIAL DETAILS

Income/expense info: Pro Forma
Financial year: 2025
Gross income: 132000
Operating expenses: 37482
Net operating income: 37482

Similar Properties in the Area

486 Ponce Deleon Boulevard

DeLeon Springs , Florida
Florida & Gulf Coast + 2-4 Units
Units: 2
Price: $260,000

11634 W Sherwood Meadow Ave

Baton Rouge , Louisiana
Florida & Gulf Coast + 2-4 Units
Units: 4
Price: $295,000

6386 Sandy Lane

Milton , Florida
Florida & Gulf Coast + 2-4 Units
Units: 4
Price: $640,000
popup background image