2200 Bay Drive Unit 3, Miami Beach, FL 33141

$425,000
2
BD
2
BA
1,035
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$425,000
Days on Market
378
MLS#
A11852415
Year Built
1951
Bedrooms
2
Bathrooms
2
Living Area
1,035
Building Name
1
MLS Area Major
2320

Property Description

Investor Opportunity: Normandy Island. Enjoy stunning sunsets from this private 2-bed/2-bath, split-layout unit located on Bay Drive West, nestled on a quiet, no-outlet street. Could Rent for $3,000/month +/- fully renovated, or can be leased as-is for \$2,500/month +/-. Additional; low monthly maintenance, new seawall, dock, and pool, and the building has successfully passed the 40-year recertification, ensuring structural integrity and compliance. Near Golf, tennis & kid parks, safe community. Possible future developer land play opportunity with 2 four unit, single-level buildings and a 2 level building with 18-units, totaling 26 unit condominium. The entire property sits on approx. 35,000 SF with an impressive 220 feet of Biscayne Bay frontage. With $5 billion + in new construction underway in the area.

Additional Information

Taxes
$350
Hoa Fee
$873
Interior Features
Bedroom on Main Level, Breakfast Area, Living/Dining Room, Main Level Primary, Split Bedrooms
Utilities
Cable Available
Heating
Other
Air Conditioning
Other
Exterior Construction
Block
Elementary School
Treasure Island
Middle School
Miami Beach Nautilus
High School
Miami Beach

Listing courtesy of AAA International Realty.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks