2011 Bay Dr, Miami Beach, FL 33141

 
MLS #: A11648032
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Price: $4,750,000 MLS Number: A11648032  Commercial / Investment
 Address: 2011 Bay Dr, Miami Beach, Florida 33141 USA
 Year Built: 1977
 
 Lot Square Feet: 7,266
 
 Lot Dimensions: 7266
 
 
 Remarks:
BayWest Isles (2011 Bay Drive) is a four-story fully-modernized Mediterranean style apartment building featuring 15 renovated units in the heart of North Beach. All 15 apartments consist of large 830+ square foot one-bedrooms. The property is fully occupied with a current average rent of $1,812. With significantly below-market rents, there is a potential rental upside of $71,400 annually (an average of $396+ per unit per month) aligning with current market rates.
MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. This property is courtesy of STL Advisors, LLC.
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