Active
2011 Bay Dr
Miami Beach FL, 33141
$4,750,000
$379.76 per sqft
Active
12,508 sqft
Commercial
Built in 1977
BayWest Isles (2011 Bay Drive) is a four-story fully-modernized Mediterranean style apartment building featuring 15 renovated units in the heart of North Beach. All 15 apartments consist of large 830+ square foot one-bedrooms. The property is fully occupied with a current average rent of $1,812. With significantly below-market rents, there is a potential rental upside of $71,400 annually (an average of $396+ per unit per month) aligning with current market rates.
A11648032
MLSⓇ ID
August 26, 2024
Listed
September 13, 2024
Updated
Map
2011 Bay Dr
Miami Beach FL, 33141
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.17 Acres
Other Property Details
Taxes
$58,580
Tax Frequency
Annually
Garage
No
View
No
County
Miami-Dade County
Pool
No
Zoning
3900
Listed by: STL Advisors, LLC
Listing Contact: 561-901-1402
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Data last updated 4:34 AM UTC, 9/13/2024.