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7124 Bay Dr, Miami Beach FL 33141
7124 Bay Dr, Miami Beach FL 33141
7124 Bay Dr, Miami Beach FL 33141
7124 Bay Dr, Miami Beach FL 33141
7124 Bay Dr, Miami Beach FL 33141
7124 Bay Dr, Miami Beach FL 33141
7124 Bay Dr, Miami Beach FL 33141
7124 Bay Dr, Miami Beach FL 33141
Florida>Miami Beach>Isle of Normandy Ocean Side

7124 Bay DrMiami Beach, FL 33141

For Sale

$2,390,000

Smart Buyer Rebate $23,900

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

Listed by Brigitte Lina

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License #3179748

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One Sotheby's International Realty

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786-267-7320

Listed by Charlotte Gleichgevicht

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License #3611087

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One Sotheby's International Realty

Last updated January 07, 2026

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Source: MIAMIRE #A11922740

Listing Facts

  • TypeMulti-family
  • NeighborhoodIsle of Normandy Ocean Side
  • Days on Prevu23
  • Taxes$28,380/year
  • Size4,732 sqft
  • Price per sqft$505

Amenities

  • Private Outdoor Space
  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

01/07/2026
Listed by One Sotheby's International Realty
$2,390,000

Property Details for 7124 Bay Dr

Association

General

  • Number Of Units In Community: 1

Exterior

Construction

  • Number Of Units Total: 8
  • Roof: Shingle
  • Stories: 2
  • Stories Total: 2
  • Structure Type: Quadruplex, Fourplex
  • Year Built: 1940
  • Year Built Details: Effective Year Built
  • Building Name: OCEAN SIDE SEC-ISLE OF NO
  • Construction Materials: CBS Construction

Features

  • Patio And Porch Features: Patio

Measurements

  • Building Area Total: 4,732
  • Building Area Units: Square Feet
  • Lot Features: Less Than 1/4 Acre Lot
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 02-32-10-013-0320
  • Tax Annual Amount: $28,380.00
  • Tax Year: 2025

Interior

Features

  • Flooring: Other, Tile, Wood
  • Interior Features: Stairs

Measurements

  • Living Area: 4,732
  • Living Area Units: Square Feet

Other

Location

  • Subdivision Name: OCEAN SIDE SEC-ISLE OF NO

Parking

Parking

  • Parking Total: 5250

Utilities

Equipment

  • Cooling: Ceiling Fan(s)
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Municipal Water

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 7124 Bay Dr.

Does this multi-family home have parking?

Yes, there are 5250 parking spaces available for 7124 Bay Dr.

What are the annual taxes for 7124 Bay Dr?

Annual taxes for this multi-family home are estimated at $28,380.

What building or home owners association is the multi-family home part of?

This multi-family home is in the OCEAN SIDE SEC-ISLE OF NO building.

What is the square footage on this multi-family home?

According to the MLS, this listing is 4,732 sqft.

7124 Bay Dr is a -bedroom multi-family home for sale in Miami Beach FL 33141. On Prevu for 23 days at $2,390,000. This residence features 4,732 square feet of living space, located in Isle of Normandy Ocean Side. The median listing price for multi-family homes in this area is $349,750. The home offers private outdoor space, pets allowed, and parking. Explore more multi-family home listings in Miami Beach.

Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.