This impressive opportunity with 49 apartment units under one roof and 28 on-site parking spaces, is the most desirable investment available in Miami Beach. Residents enjoy the proximity to the beach and parks. Amenities like a private pool, abundant balconies, plentiful parking, huge closets and on-site laundry keep tenants happy while they appreciate the MiMo building architecture. Strong rental demand and stable cash flow, as well as the planned neighborhood public and private developments, make this investment exceptionally attractive. The 49 oversized units are 51% larger than the average Normandy Isle apartment. Priced well below market average at only $241.69/sqft, this is a high-performing asset demanding premium pricing and showing high occupancy year over year.
DevelopmentTHE DUVAL APARTMENTS
Sale TypeRegular Sale
Approx Lot Size33,620
ParkingAssigned Parking,Street Parking
Days on Market113
Flooring TypeTile Floors
CoolingWall/Window Unit Cooling
Schools for 2101 Normandy Drive, Miami Beach, FL 33141
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