Price Reduced Listing2120 Biarritz Dr,Miami Beach, FL 33141
Miami Beach, FL 33141
Description
Seller Financing Available. Competitive 4.73% Cap rate. Discover this exceptional turnkey four-plex investment opportunity in the highly desirable Normandy Isles neighborhood of Miami Beach. Just moments from the beach, intracoastal waterways, parks, schools, supermarkets, and vibrant dining, this well-maintained 1950s-era building offers strong rental demand and immediate income with upside potential. The property includes four spacious units: two 1BR/1BA (796 sq ft each) and two 2BR units (one 2/2 and one 2/1, each ~950 sq ft). All units are fully remodeled featuring, new appliances, brand-new bathrooms, premium flooring, new impact windows, new water heaters, and efficient mini-split AC systems. Modern kitchens, extra-large living/dining areas, ample closets, and private terraces with pool access complete the appeal. Tenants enjoy premium shared amenities: a beautifully renovated pool, lush and modern landscaping, onsite laundry room, and 5 dedicated parking spaces. All city-required certifications and inspections are up to date with nothing pending-ready for seamless ownership. This solid concrete-block building is perfect for investors seeking stability in a proven Miami Beach rental market. Low maintenance, high tenant appeal, and excellent location make it a rare find. Don't miss this cash-flowing asset! Contact the listing agent for pro forma, rent rolls, and details. Measurements approximate; buyer to verify.
Details
| MLS # | A12039498 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1956 |
| Days On Site | 81 |
| Listing Provided By | EXP Realty LLC | Enrique Metauten |
Features
| SQ Feet | 3,492 |
|---|---|
| Pool | Yes |
| Story(s) | 1 |
| Zoning | 3900 |
Exterior
| Lot Features | Less Than Quarter Acre |
|---|
Taxes
| Tax Annual Amount | 18497 |
|---|
Location
| Community Features | Laundry Facilities |
|---|
Area Information
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami Beach |
| Zip Code | 33141 |
| Area | 32 |
| Community Name | ISLE OF NORMANDY MIAMI VI |
| Listing VS Median (in ISLE OF NORMANDY MIAMI VI) | |
Price: $1,700,000 low | high Med: $3,150 sqft: 3,492 low | high Med: 1,100 $ / sqft: $487 low | high Med: $3 On site: 81 low | high Med: 55 | |
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Learn More About This Property
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami Beach |
| Zip Code | 33141 |
| Area | 32 |
| Community Name | ISLE OF NORMANDY MIAMI VI |
| Listing VS Median (in ISLE OF NORMANDY MIAMI VI) | |
Price: $1,700,000 low | high Med: $3,150 sqft: 3,492 low | high Med: 1,100 $ / sqft: $487 low | high Med: $3 On site: 81 low | high Med: 55 | |
