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    7155 Rue Notre Dame Miami Beach, FL 33141

    For Sale
    $2,790,000

    10-unit multifamily building in Miami Beach's Normandy Isle.

    Lot size:
    0.16 Acres

    Property Features for 7155 Rue Notre Dame

    General Information

    Lot size
    0.16 Acres

    Building Details

    Year built
    1953

    Source: Direct Realty Solutions Agent Fernanda Ibarra

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Miami Beach Multifamily Investment Opportunity

    This is a rare opportunity to own a 10-unit multifamily building located in the sought-after Normandy Isle area of Miami Beach. The property consists of four 2-bedroom/2-bathroom units and six 1-bedroom/1-bathroom units, distributed across two floors. An on-site leased laundry facility provides an additional income stream. The property is ideally located near the beach, shopping, dining options, and public transportation. Normandy Isle's limited land availability and strict zoning regulations create barriers to entry, potentially ensuring long-term value. This stabilized asset is competitively priced per square foot and per door, offering investors solid cash flow and rent growth potential.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami Beach
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.132964
    Latitude
    25.855755

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    FAQs

    What type of property is this?
    Apartment building - 10-unit multifamily building in Miami Beach's Normandy Isle.
    Where is this apartment building located?
    The property is located at 7155 Rue Notre Dame Miami Beach, FL.
    What is the asking price?
    The asking price for this property is $2,790,000.
    What are key features of this property?
    This property features: - Rare 10-unit multifamily building in Miami Beach's desirable Normandy Isle.; - Stabilized asset with solid cash flow and excellent rent growth potential.; - Four 2BD/2BA and six 1BD/1BA units.
    (305) 370-9118
    Request Owner's contact information
    7155 Rue Notre Dame Miami Beach, FL 33141
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7155 Rue Notre Dame Miami Beach, FL 33141
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