1

2011 Bay Dr
Miami Beach FL 33141

$3,000,000

Income
7,266 SqFt
  •  2011 Bay Dr Miami Beach, FL 33141 - GoOneWorld
  •  2011 Bay Dr Miami Beach, FL 33141 - GoOneWorld
  •  2011 Bay Dr Miami Beach, FL 33141 - GoOneWorld
  •  2011 Bay Dr Miami Beach, FL 33141 - GoOneWorld
  •  2011 Bay Dr Miami Beach, FL 33141 - GoOneWorld
  •  2011 Bay Dr Miami Beach, FL 33141 - GoOneWorld
  •  2011 Bay Dr Miami Beach, FL 33141 - GoOneWorld
  •  2011 Bay Dr Miami Beach, FL 33141 - GoOneWorld
  •  2011 Bay Dr Miami Beach, FL 33141 - GoOneWorld
  •  2011 Bay Dr Miami Beach, FL 33141 - GoOneWorld
  •  2011 Bay Dr Miami Beach, FL 33141 - GoOneWorld
  •  2011 Bay Dr Miami Beach, FL 33141 - GoOneWorld
  •  2011 Bay Dr Miami Beach, FL 33141 - GoOneWorld
  •  2011 Bay Dr Miami Beach, FL 33141 - GoOneWorld
  •  2011 Bay Dr Miami Beach, FL 33141 - GoOneWorld
  •  2011 Bay Dr Miami Beach, FL 33141 - GoOneWorld
  •  2011 Bay Dr Miami Beach, FL 33141 - GoOneWorld
  •  2011 Bay Dr Miami Beach, FL 33141 - GoOneWorld
  •  2011 Bay Dr Miami Beach, FL 33141 - GoOneWorld
  •  2011 Bay Dr Miami Beach, FL 33141 - GoOneWorld
  •  2011 Bay Dr Miami Beach, FL 33141 - GoOneWorld

Property Information for 2011 Bay Dr

  • Property Type

    Commercial/Industrial

  • Building Type

    Free Standing

  • Property Building Type

    Free Standing,Residential-Multi-Family

  • Year Built
    1977
  • MLS
    A10382573
  • List Date
    November 7, 2017
  • Status
    Active

MORE DETAILS »

Interior Features for 2011 Bay Dr

Floor Description: Ceramic Floor, Tile Floors
Heating Description: Central Individual A/C
Cooling Description: Central Individual A/C
Ceiling Description: Other Ceiling

Exterior Features for 2011 Bay Dr

Roof Description: Concrete Roof
Security Information: Fenced, Security Gate
Parking Description: Common Parking, Covered Parking
Water Description: Public Water
Waterfront Description: Other Waterfront
Road Type Description: Two Lane
Construction Type: CBS Construction

General Information for 2011 Bay Dr

County: Miami-Dade County
Legal Description: ISLE OF NORMANDY MIA VIEW SEC PART 1 PB 34-80 LOT 26 BLK 38 LOT SIZE 7266 SQ FT OR 18886-4950 1199 1 COC 22404-2057 06 2004 1
Zoning Information: 3900
Tax Amount: $ 27, 592
Tax Year: 2017
Flood Zone: AE
Sewer Description: Public Sanitation
Auction: No
Locationof Property: In Residential Area
Parcel Number: 02-32-10-002-1060
Township Range: 32
Section: 10
Area: 32

Association / Community Information for 2011 Bay Dr

Membership Purch Rqd: No
Internet: Yes
Num Offices: 1
Num Parking Spaces: 17
Subdivision Number: 2
Unit Count: 1

Property Information for 2011 Bay Dr

Approximate Lot Size: 7, 266 SqFt
Property Sq Ft: 7, 266 SqFt
Acreage Description: 1/4+ To 1/2 Acre
Lot Sq Footage: 7, 266 SqFt
Type Of Building: Free Standing
Prop Type Type Of Building: Free Standing, Residential-Multi-Family

Financial Information for 2011 Bay Dr

Expense Amount: 66, 926
Gross Scheduled Income: 199, 500
Seller Contribution: No
Sourceof Expenses: Owner Provided, Projected Pro-Forma
Tenant Pays: A/C & Heating Maintenance, Interior Electric, Telephone
Terms Considered: All Cash, Conventional/Refinance
Net Operating Income: 132, 574
Deposit Information: Security Deposit

Descriptionfor 2011 Bay Dr

Turn key investment. Great opportunity to own a cash flowing property on Miami Beach. The building consists of 15 spacious 1/1, with private parking and elevator and an office on the ground floor level. Building has been well maintained and upgraded: New elevator system, new balconies and railings, new electric gate, roof done 3 years ago, 3 units have been completely renovated to the nines, new kitchen and a/c in all units, fully painted, 40-year certification up to date. Very up and coming Miami Beach area, steps from the water and very close to the Normandy Shores Golf Course. Only 2 units are vacant and in the process of being rented. Current cap 4.42%, proforma 5.67% when 100% occupied.


Mapfor 2011 Bay Dr


Near Schoolsfor 2011 Bay Dr


School Name
School Address
Rating

Schools ratings are established on a similarity of test results for all schools in the state of Florida. This comparison is designed to help families to make decisions in choosing the right school for your family members.

Notice: School attendance zone boundaries are feeds coming from a third party and may change. Please review with your school district prior to make a final decision


Sales Historyfor 2011 Bay Dr

Land Use

MULTIFAMILY UNITS PLUS : MULTIFAMILY 3 OR MORE UNITS

Primary Zone

MULTI FAMILY U/A

Previous Sale for 2011 Bay Dr

11/01/1999
06/01/2004
09/30/2010

Price

$635,000
$1,535,000
$1,100,000

MLS Sales Historyfor 2011 Bay Dr

Date
Event
Price
MLS #
Dec 08, 2017
Active
$3,000,000
A10382573
Apr 01, 2017
Expired
$3,000,000
A10159763
Oct 02, 2016
Expired
$3,000,000
A10062899
Mar 31, 2015
Expired
$2,600,000
A2011113


To schedule a tour and showing for 2011 Bay Dr Miami Beach FL, please contact a One World International agent now.


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One World International Realty

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