1980 Biarritz Dr, Miami Beach FL 33141

About This Property

Prime multifamily investment opportunity in the sought-after Normandy Isle neighborhood of Miami Beach. This well-maintained 5-unit building sits on a 6,662 SF lot and offers strong income potential with a favorable unit mix including three 1BD/1BA units, one 2BD and 1BA and one spacious 1BD/2BA penthouse residence. Ideally positioned near Normandy Park, community pool, local dining, cafés, shopping, and everyday conveniences, with easy access to Biscayne Boulevard, North Beach, and major transit routes. The property benefits from consistent rental demand driven by its central location and walkability. Excellent opportunity for investors seeking stable cash flow with future upside in one of Miami Beach’s most established rental submarkets.

Property Details

Property Type

Income/MultiFamily

Status

Active

MLS #

A12039962

Building Area

3,924 SF

Lot Size

6,662 SF

Year Built

1951

Zoning

3900

Net Operating Income

$81,992

Days on Market

62

Price

$1,630,000