$2,590,000
Miami Beach, FL 33141
MLS# A11905482
6931 sqft
1 / 49
Property Description
Rare opportunity to own a 10-unit multifamily building in Miami Beach’s sought-after Normandy Isle. Property features four 2BD/2BA and six 1BD/1BA units across two floors, plus an on-site leased laundry facility providing additional income. Impact windows and doors. Ideally located near the beach, shopping, dining, and transit. Normandy Isle’s limited land and strict zoning create strong barriers to entry, ensuring long-term value. Competitively priced per square foot and per door, this stabilized asset offers investors solid cash flow and excellent rent growth potential.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2025-10-30
Status: Active
Original List Price: 2790000
List Price: $2,590,000
Current Price: $2,590,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami Beach
Postal Code: 33141
Subdivision Number: 12
Flood Zone: AE
Country: United States
Street Number: 7155
Street Name: Rue Notre Dame
State Or Province: FL
Postal Code +4: 3666
Area: 2320
Parcel Number: 0232100120190
Zoning: 3900
General Property Information
Number Of Buildings: 1
Number Of Units Total: 4
Price Per Unit: 0
Occupant Type: Tenant
Lot Size Area: 6931
Stories Total: 2
Property Sub Type: Multi Family
Building Area Main: 6931
Year Built: 1953
Lot Size Acres: 0.16
Currently Not Used
Ownership Type: Corporation
Office/Member Information
DXORIGMLSID: SEF
Flooring
Tile: 1
Parking Features
On Street: 1
Property Condition
Resale: 1
Documents Available
Copy Of Lease(s): 1
Rent Rolls: 1
Meter Information
Number Of Meters Total: 10
Tenant Pays
Electricity: 1
Gas: 1
Interior Electric: 1
Oil: 1
Location of Property
Corner Lot: 1
Corner Unit: 1
Possession
Negotiable: 1
Sewer
Public Sewer: 1
Special Information
Corporate Owned: 1
Building Features
Exterior Lighting: 1
Storage: 1
Business Type
Other: 1
Common Area Maintenance Includes
Exterior Electric: 1
Exterior Maintenance: 1
Sewer: 1
Water: 1
Heating
None: 1
Construction Materials
CBS: 1
Listing Terms
Cash: 1
Conventional: 1
Road Frontage Type
City Street: 1
Security Features
Fire Alarm: 1
Smoke Detector(s): 1
Water Source
Public: 1
Income and Expenses
Occupancy Percentage: 90
Description of Unit Type 1
Unit Type: 2 Bedroom
Units Total: 2
Beds Total: 2
Furnished: No
Annual Rent: 2100
Description of Unit Type 2
Unit Type: 1 Bedroom
Units Total: 3
Beds Total: 1
Furnished: No
Annual Rent: 1750
Cooling
Wall/Window Unit(s): 1
Description of Unit Type 3
Unit Type: 2 Bedroom
Units Total: 2
Beds Total: 2
Furnished: No
Annual Rent: 1950
Description of Unit Type 4
Unit Type: 1 Bedroom
Units Total: 3
Beds Total: 1
Furnished: No
Annual Rent: 1650
Showing Requirements
Appointment Only: 1
Price Calculations
Current Price To SqFt: 373.68
Section Details
Parcel Number MLX: 0190
Financial Information
Tax Annual Amount: 29570
Tax Year: 2026
Tax Legal Description: 2ND REV PL OF PORT OF OCEAN SIDE SEC & TROUVILLE SEC OF ISLE OF NORMANDY PB 40-35 LOT 1 BLK 9 LOT SIZE 55.450 X 125 OR 13131-591 1286 1 COC
Status Change Information
Major Change Timestamp: 2025-12-22T18:53:13Z
Major Change Type: Price Reduced
Price Change Timestamp: 2025-12-22T18:53:13Z
Status Change Date: 2025-11-03
Originating Details
Originating System Key: 422544084
Originating System ID: M00000151
Property Features
Building Features: Exterior Lighting; Storage
Business Type: Other
Common Area Maintenance Includes: Exterior Electric; Exterior Maintenance; Sewer; Water
Documents Available: Copy Of Lease(s); Rent Rolls
Flooring: Tile
Heating: None
Location of Property: Corner Lot; Corner Unit
Parking Features: On Street
Possession: Negotiable
Property Condition: Resale
Tenant Pays: Electricity; Gas; Interior Electric; Oil
Construction Materials: CBS
Cooling: Wall/Window Unit(s)
Listing Terms: Cash; Conventional
Road Frontage Type: City Street
Security Features: Fire Alarm; Smoke Detector(s)
Sewer: Public Sewer
Special Information: Corporate Owned
Water Source: Public
Showing Requirements: Appointment Only
Listing Office: Direct Realty Solutions
Last Updated: November - 10 - 2026
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