2011 Bay Dr, Miami Beach, FL 33141

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CommercialFor Sale

$4,750,000

2011 Bay Dr

Miami Beach, FL 33141

Courtesy of STL Advisors, LLC

MLS: MIAMI Association of REALTORS

Est. Mortgage

$24,619/mo

BayWest Isles (2011 Bay Drive) is a four-story fully-modernized Mediterranean style apartment building featuring 15 renovated units in the heart of North Beach. All 15 apartments consist of large 830+ square foot one-bedrooms. The property is fully occupied with a current average rent of $1,812. With significantly below-market rents, there is a potential rental upside of $71,400 annually (an average of $396+ per unit per month) aligning with current market rates.

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Information courtesy of STL Advisors, LLC is subject to verification and is not guaranteed.

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