South Florida Real Estate

1235 Normandy Dr

Miami Beach , FL 33141

MLS#: A11745780

$2,100,000

Status: Closed
Listing number: A11745780
Listing provided by: Shelton and Stewart REALTORS
Listing agent phone: None
Last update: 4 months ago
On site: 6 months ago
Browse Properties
Main image without alt text

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1957

Sq.Footage

N/A

DO NOT DISTURB TENANTS-Exceptional 10-unit multifamily investment opportunity in Miami Beach’s sought-after Normandy Isles—priced below recent sales averages. This 100% occupied building features 10 1-bed/1-bath units, all benefiting from a new roof, updated electric panel, and a new water heater. 1235 Normandy Drive offers prime proximity to popular shopping centers, tennis courts, top-rated schools, and the pristine shores of North Beach. Commuters enjoy easy access to major thoroughfares and Miami International Airport, while Lincoln Road, Ocean Drive, and Miami Beach Golf Club are just minutes away. Seize the chance to secure solid rental income or position yourself for future appreciation in a thriving neighborhood.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Wall/Window Unit(s)

  • Heating YN

    YES

  • Heating

    Wall Furnace

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block

  • Parking

    On Street

  • Pool

    No

Area & Lot

  • Property Type

    Commercial Sale

  • Property Sub Type

    Multi Family

Price

  • Sales Price

    $2,100,000

  • Tax Amount

    39394.0

  • Zoning

    4800

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Ownership

    Self Proprietor/Individual

  • Sewer

    Public Sewer

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Miami-Dade

Elementary School

Middle School

High School

Listing Courtesy of Irlenne Laricchia , Shelton and Stewart REALTORS

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent JarrodGaylis

Realtor

JarrodGaylis

Call Jarrod today to schedule a private showing.

(817) 682-7464

jgaylis@perfectpropertiesfl.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
DO NOT DISTURB TENANTS-Exceptional 10-unit multifamily investment opportunity in Miami Beach’s sought-after Normandy Isles—priced below recent sales averages. This 100% occupied building features 10 1-bed/1-bath units, all benefiting from a new roof, updated electric panel, and a new water heater. 1235 Normandy Drive offers prime proximity to popular shopping centers, tennis courts, top-rated schools, and the pristine shores of North Beach. Commuters enjoy easy access to major thoroughfares and Miami International Airport, while Lincoln Road, Ocean Drive, and Miami Beach Golf Club are just minutes away. Seize the chance to secure solid rental income or position yourself for future appreciation in a thriving neighborhood.

1235 Normandy Dr

Message successfully sent.

What would you like to know?

Related Properties

New on site 1 day ago
Unique opportunity to acquire prime real estate in one of Miami's fastest-growing areas. The property offers exceptional potential for developers looking to capitalize on the growing demand for luxury housing in Miami Beach. Currently, it features a two-story multifamily building with four rentable units, providing a stable income stream. The true value lies in the approved project: a five-story building with 14 luxury units, ideal for high-end buyers or tenants seeking proximity to Miami Beach's renowned restaurants, shopping centers, and beaches. Take advantage of this unique opportunity to build a landmark development in one of South Florida's most desirable locations, combining long-term income stability with high growth potential.
#A11878718

Miami Beach

7821 Byron Ave

None Beds

None Baths

3,382 Sq.Ft.

$2,000,000

MLS#: A11878718

Eight unit Multifamily property, Many units fully renovated. Call Listing agent for details.
#A11871351

Miami Beach

847 81st St

None Beds

None Baths

6,076 Sq.Ft.

$1,999,000

MLS#: A11871351

Six units, fully renovated, four 1 bedroom, two studio apartments, laundry on back of property, give listing agent a call!
#A11871373

Miami Beach

600 79th St

None Beds

None Baths

3,853 Sq.Ft.

$1,699,000

MLS#: A11871373

Highly sought after area of Sunset Harbour on Miami Beach. Location of Casa Isola included two bays(folios).  Price on this MLS is for ONE location (folio). Both folios to be purchased simultaneously at closing: Folio 02-3233-083-0060  & Folio 02-3233-083-0070.  This location has open space and a bathroom, neighboring location (folio) includes kitchen, bathroom and open space. Great for restaurant or business of your choosing. Owner financing may be an option depending on terms.
#A11858183

Miami Beach

1410 20th St 1418

None Beds

None Baths

618 Sq.Ft.

$1,700,000

MLS#: A11858183

Presenting a fully renovated 7-unit multifamily gem in the heart of Miami Beach, just blocks from the sand. This turnkey investment consists of (4) spacious 1-bed/1-bath units and (3) 2-bed/1-bath units, each meticulously upgraded with impact windows and doors, brand-new electrical and plumbing systems, new insulation, new HVAC systems, new modern flooring, contemporary kitchens, new appliances, and designer bathrooms. The building offers on-site laundry facilities, projected to generate an additional $450/month in income. With zero deferred maintenance and premium finishes throughout, this property is perfectly positioned to deliver strong cash flow and long-term appreciation. A rare opportunity to own a high-performing asset in a prime beachside location! Trophy asset that will not last!
#A11850706

Miami Beach

7801 Byron Ave

None Beds

None Baths

4,315 Sq.Ft.

$2,100,000

MLS#: A11850706

Offered at a 6.2% Proforma Cap, the property is currently 100% occupied. The property is part of a 10-property portfolio all located in South Beach. It can be purchased individually or as part of the portfolio. The property includes two parking spaces, it features a community laundry and it has 4 units that are considered suites with no kitchens, just refrigerators. The unit mix includes 10 studios, 2 1BR/1BA and 1 2BR/2BA. It has over $140,000 in combined CapEx between the current and previous owner.
#A11822746

Miami Beach

None

None Beds

None Baths

5,850 Sq.Ft.

$2,475,000

MLS#: A11822746

Offered at a 6.8% Proforma Cap, the property is currently 88% occupied (1 vacancy). The property is part of a 10-property portfolio all located in South Beach. It can be purchased individually or as part of the portfolio. The property has 5 1BR/1BA and 3 2BR/1BA. It has over $250,000 in combined CapEx between the current and previous owner. The property features a community laundry and 10 parking spaces (6 single and 4 tandem).
#A11823167

Miami Beach

None

None Beds

None Baths

5,512 Sq.Ft.

$2,210,000

MLS#: A11823167

Offered at a 5.8% Proforma Cap, the property is currently 100% occupied. The property is part of a 10-property portfolio all located in South Beach. It can be purchased individually or as part of the portfolio. All units in the property are 2BR. It has over $40,000 in combined CapEx between the current and previous owner. Building exterior was painted in 2024 ($29k).
#A11822887

Miami Beach

None

None Beds

None Baths

6,930 Sq.Ft.

$2,050,000

MLS#: A11822887

• Income producing property • Charming art deco architecture • Includes land for additional units • Opportunity to increase rents • Secure access • Private courtyard • Prime South Beach location • High walking score • Great proximity to public transportation • Historic district appeal • Strong rental demand
#A11815804

Miami Beach

None

None Beds

None Baths

5,266 Sq.Ft.

$2,250,000

MLS#: A11815804

Priced to Sell!! Located in the historic North Shore neighborhood, walkable to the beach & parks, this 5-unit building is in a highly sought-after location with its own private + ample street parking! All units have been substantially remodeled with: new kitchens, baths, A/Cs, indoor laundry units, a brand-new roof, and much more. Excellent schools, restaurants, and conveniences nearby. Incredible opportunity for redevelopment near North Beach Town Center—lot size is 25% larger than typical for the area. Unit mix: 2 Studios, 2 1BD/1BA, and 1 2BD+Loft/1BA. Front units share a 200 sqft covered porch; quiet rear unit has a 100 sqft porch. 40-year recertification completed in 2016. Excellent Tenants! More photos and additional Information upon request- An amazing opportunity that won't Last!
#A11804229

Miami Beach

7411 Carlyle Ave

None Beds

None Baths

2,668 Sq.Ft.

$1,699,000

MLS#: A11804229

- property

Send a message

Message successfully sent.

Your message

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to receive some additional information on this specific property or similar properties?

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here