Discover this exceptional turnkey four plex investment opportunity in the highly desirable Normandy Isles neighborhood of Miami Beach.


Property

Website:https://www.nestseekers.com/5580569
Address:
Miami Beach, FL 33141
Ownership: For Sale
Type: Unknown

Financials

Price:$1,900,000
Annual Taxes:$18,497

Description

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.

Amenities

  • Cable - Available
  • Lighting
  • Natural Gas Available

Contact

Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Listing Courtesy of EXP Realty LLC

Miami Beach FL 33141 USA