5-Unit Multifamily
6932 Bay Drive Miami Beach, FL 33141
For Sale
$1,599,999
Five fully leased units with recent renovations, including remodeled interiors and a replaced roof, generating ongoing rental income.
Property Size2,297 SF
Price / SF$696.56
Days on Market816
Property Features for 6932 Bay Drive
General Information
- Standard status
- Active
- Size
- 2,297 SF
- Property subtype
- Commercial/Industrial / Income/Multi Family
Building Details
- Year Built
- 1937
Listing Agency:
Century 21 Dorar Realty
(305) 264-6000
Listed By:
Luis Perez · License #3544908
(305) 264-6000
Source:
Compass
Added: Apr 30, 2024
Changed: Jul 23
Last Checked: Jul 23 at 5:49PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Dorar Realty
Investment Insights
Based on property information with market context.
This 5-unit multifamily property is offered for sale with all units currently leased. The ownership includes a recent renovation history, with remodeled unit interiors completed approximately 3 years ago, and a replaced roof for unit 5 completed approximately 5 years ago.
The unit mix is currently generating income across the property, with two units at $1,600 each, one unit at $1,400, and two additional units at $1,750 and $1,837.50. Located at 6932 Bay Drive in Miami Beach, the property is described as being close to the beach and various shopping amenities. The lot is also noted as offering opportunities for future expansion.
The unit mix is currently generating income across the property, with two units at $1,600 each, one unit at $1,400, and two additional units at $1,750 and $1,837.50. Located at 6932 Bay Drive in Miami Beach, the property is described as being close to the beach and various shopping amenities. The lot is also noted as offering opportunities for future expansion.
Key Highlights
- Multi‑family built in 1937 with 5 fully leased units and ongoing rental income
- Recent renovations: remodeled unit interiors about 3 years ago
- Unit 5 roof replaced about 5 years ago
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Five fully leased units with recent renovations, including remodeled interiors and a replaced roof, generating ongoing rental income.
Where is this apartment building located?
The property is located at 6932 Bay Drive Miami Beach, FL.
What is the asking price?
The asking price for this property is $1,599,999.
What are key features of this property?
This property features: Multi‑family built in 1937 with 5 fully leased units and ongoing rental income; Recent renovations: remodeled unit interiors about 3 years ago; Unit 5 roof replaced about 5 years ago
