955 Bay Dr, Miami Beach, FL 33141

Coldwell Banker is pleased to present the opportunity to purchase 955 Bay Drive, an 8-unit multifamily building located on Normandy Isle in Miami Beach.Nestled along the peaceful canopy tree-lined street of Bay Drive, directly across from Biscayne Bay and only a few blocks from the sandy beach, this property features 8 large 1-bed 1-bath units with hardwood floors, functional layouts, on-site laundry, and plenty of street parking. The building is currently in good condition, recently passing its 40-year recertification, yet many of the leases are below market and there is a great opportunity to add value by increasing rents and adding additional upgrades.

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