Rare opportunity to own a 10-unit multifamily building in Miami Beach’s sought-after Normandy Isle. Property features four 2BD/2BA and six 1BD/1BA units across two floors, plus an on-site leased laundry facility providing additional income. Ideally located near the beach, shopping, dining, and transit. Normandy Isle’s limited land and strict zoning create strong barriers to entry, ensuring long-term value. Competitively priced per square foot and per door, this stabilized asset offers investors solid cash flow and excellent rent growth potential.
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Over the past 20 years, no American beach has generated as much buzz as the one that hugs Ocean Drive in Miami Beach. Fringed with palms, backed by Art Deco architecture and pulsating with urban energy, South Beach is the place to stretch out.
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