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  3. 7124 Bay Dr Miami Beach, FL - 33141-5453
  • MLS® #: A11924424
  • 7124 Bay Dr
  • Miami Beach, FL 33141-5453
  • $2,390,000
  • Business

Exceptional Turnkey Investment Opportunity in Miami Beach Fully leased 8-unit multifamily property offering strong income and long-term upside. The building comprises 4 studios and 4 1BD/1BA units, all well-maintained. Property highlights include: impact windows throughout, split A/C units in every apartment, full kitchens and updated bathrooms, and upgraded electrical and plumbing systems. Succesffully Completed 40-years certification. The property offers a compelling opportunity to optimize future rent in one of Miami Beach’s most sought-after neighborhoods. Highly desirable Normandy Isles neighborhood, minutes to the beach, public transportation, shops, restaurants, and major Miami destinations. High rental demand and low vacancy area.The neighborhood is transitioning from a somewhat quiet into a vibrant, upscale, and highly desirable upcoming luxury community

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Essential Information

  • MLS® #A11924424
  • Price$2,390,000
  • CAD Dollar$3,326,761
  • UK Pound£1,782,319
  • Euro€2,054,499
  • Bathrooms0.00
  • Acres0.00
  • Year Built1940
  • TypeBusiness
  • Sub-TypeMulti Family
  • StatusActive

Community Information

  • Address7124 Bay Dr
  • Area32
  • CityMiami Beach
  • CountyMiami-Dade
  • StateFL
  • Zip Code33141-5453

Interior

  • InteriorHardwood, Other, Tile, Wood
  • HeatingOther
  • CoolingOther
  • # of Stories2
  • StoriesTwo

Exterior

  • Exterior FeaturesSecurity/High Impact Doors
  • WindowsImpact Glass
  • RoofTile
  • ConstructionBlock
  • Office: One Sotheby's International Realty

Property Location

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7124 Bay Dr on www.jupiteroceanfronthomes.us

Offered at the current list price of $2,390,000, this home for sale at 7124 Bay Dr features 0 bedrooms and 0 bathrooms. This real estate listing is located in of Miami Beach, FL 33141-5453 . 7124 Bay Dr is listed under the MLS ID of A11924424 and has been on the Miami Beach real estate market for 35 days.

Facts About Miami Beach, FL

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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The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the REALTOR® Association of Greater Miami and the Beaches, and is updated as of January 11th, 2026 at 10:00pm CST (date/time).

All information is deemed reliable but not guaranteed by the MLS and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Waterfront Properties and Club Communities shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2026 MLS of RAMB.

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