960 Bay Drive Miami Beach, FL 33141
960 Bay Drive is a direct bayfront facing property comprising fourteen apartments totaling 13,843 square feet. There are four two-bedroom apartments and ten one- bedroom units with an average size of almost 1,000 square feet.
The site is zoned RM-1 (residential multifamily light intensity) and the main permitted uses are apartments, townhomes, and condominium.
There is no CAP rate or financials as the seller JUST finished renovating it and is just now starting renting the property out.
– Property is Newly Renovated & Vacant
– Located on the water in Normandy Isle
– Waterfront Pool
– Private Courtyard
– Large Units with Spacious Floor Plans
– Expansive Decks and Terraces
– Water Views from all Units
– Room for Six to Eight Boat Slips
– Built in 1951
– Class C
Available on 11.04.2020
Don’t let this excellent opportunity pass you by! Get it yours now!
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The sale of these Properties may be contingent upon a successful close by the Buyer under Contract with the Current Owner. Seller may not be the owner of record of the applicable court jurisdiction; however, the Seller holds equitable interest in the property along with the owner of record and such interest is documented through an executed Purchase and Sale Agreement