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Business Opportunity - Isle Normandy Miami View for Sale

7115 RUE GRANVILLE, MIAMI BEACH, FL 33141

Asking Price$1,649,000

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  • Living 4524sqft
  • Year Built 1947
  • Days on market:

    93 day(s)
  • Price per sqft:

    $364.5
  • Tax Legal Description:

    ISLE OF NORMANDY MIAMI VIEW SEC PART 2 PB 41-75 LOT 27 BLK 31 LOT SIZE 54.200 X 125 OR 16031-2471 0893 1 COC 26240-4911 12 2007 5
  • Tax Year:

    2023
  • Property Type:

    Business Opportunity
  • Style:

    Fourplex
  • Construction Type:

    Concrete Block Construction
  • Cooling Description:

    Wall/Window Unit CoolingCeiling Fans
  • Heating Description:

    No Heat
  • Floor Description:

    Tile Floors
  • Exterior Features:

    FenceBalconies
  • Sewer Description:

    Municipal Sewer
  • Lot Features:

    Less Than 1/4 Acre Lot
  • Type of Association:

    None

Description

$1,649,000 • living size area 4524 sqft

Location! location! location! miami beach 4plex, all large 2 bed 2 bath units in one of miami's exclusive areas, normandy isles! located about a mile from miami sandy beaches & surrounded by beautiful biscayne bay. normandy isles also has community parks, pool + normandy shores golf course & so much more. making this property ideal for possible air bnb, annual rental or owner occupant. property has an additional bonus lot to possibly expand the building, add a pool or for possible additional units. all 4 units have separate electric meters. current rents are below market. projected annual gross income is $132,000 +/- (including coin laundry). estimated annual expenses are $37,482 +/-. expenses include taxes:$14,382 landscaping: $3,000 estimated insurance: $7,500 water: $6,000 trash: $6,600

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