EXP Realty, LLC
Listed by EXP Realty, LLC
$1,900,000
ISLE OF NORMANDY MIAMI VI
Details
APN 02-32-10-011-0790
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 3,492
Units 4
NOI $80,400
Year Built 1956
Zoning 3900
Parking Spaces 5 spaces
Parking per 1,000 SqFt 1.43
Multifamily | 4 Units
Marketing description
Discover this exceptional turnkey four-plex investment opportunity in the highly desirable Normandy Isles neighborhood of Miami Beach. Just moments from the beach, intracoastal waterways, parks, schools, supermarkets, and vibrant dining, this well-maintained 1950s-era building offers strong rental demand and immediate income with upside potential. The property includes four spacious units: two 1BR/1BA (796 sq ft each) and two 2BR units (one 2/2 and one 2/1, each ~950 sq ft). All units are fully remodeled featuring, new appliances, brand-new bathrooms, premium flooring, new impact windows, new water heaters, and efficient mini-split AC systems. Modern kitchens, extra-large living/dining areas, ample closets, and private terraces with pool access complete the appeal.
Tenants enjoy premium shared amenities: a beautifully renovated pool, lush and modern landscaping, onsite laundry room, and 5 dedicated parking spaces. All city-required certifications and inspections are up to date with nothing pending—ready for seamless ownership. This solid concrete-block building is perfect for investors seeking stability in a proven Miami Beach rental market. Low maintenance, high tenant appeal, and excellent location make it a rare find. Don’t miss this cash-flowing asset! Contact the listing agent for pro forma, rent rolls, and details. Measurements approximate; buyer to verify.
Listing Contacts
EXP Realty, LLC
Listed by EXP Realty, LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$80,400.00
$6,700.00/mo
Valuation Metrics
0
DSCR
4.23%
Cap Rate
4.23%
ROI
Map
Zoning
RM-1 ResidentialMulti FamilyResidential Multifamily Low Intensity
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View all 29 uses
View all 29 uses Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics
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