• Bedrooms: -
• Status: -
• Bathrooms: -
• Square: 5,611 m²
• Floors: -
• Category: Commercial property
• Property type: -
• Sub property type: -
• Garage space: -

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Coldwell Banker is pleased to present the opportunity to purchase 955 Bay Drive, an 8-unit multifamily building located on Normandy Isle in Miami Beach.Nestled along the peaceful canopy tree-lined street of Bay Drive, directly across from Biscayne Bay and only a few blocks from the sandy beach, this property features 8 large 1-bed 1-bath units with hardwood floors, functional layouts, on-site laundry, and plenty of street parking. The building is currently in good condition, recently passing its 40-year recertification, yet many of the leases are below market and there is a great opportunity to add value by increasing rents and adding additional upgrades.