Multi-Family
4,732
SQUARE FEET
Quadruplex
Type
1940
Built
Listing courtesy of
One Sotheby's International Realty
Brigitte Lina
MLS® #A11922740
Listing information last updated June 12, 2026
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Overview
This quadruplex in Miami Beach offers 4,732 square feet, and is listed for sale at $2,140,000 (about $452 per square foot). Built in 1940.
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
Listing history
Price reduced
↓ $50,000 from $2,190,000 · Apr 13, 2026 · MIAMI MLS
$2,140,000
Listed for sale
Jan 7, 2026 · MIAMI MLS
$2,390,000
Days on market
as of today
196 days
Building & financials
FROM MIAMI MLSThe carrying-cost and structural facts that close or kill a Miami deal — straight from the listing feed.
Annual property tax (2025)
$28,380
Association type
None
FEMA flood zone
AE
Dues, taxes, and association data per MIAMI MLS and public records; flood zone from FEMA NFHL. Verify with the HOA, county, and your insurer during due diligence.
Property details
MLS #A11922740
Price$2,140,000
Size4,732 Square Feet
Year built1940
TypeQuadruplex
StatusFor Sale
Price / Square Feet$452
Flood zoneAE
Features & amenities
Has Cooling System
Has Heating System
Stairs
Location
7124 Bay Dr, Miami Beach FL 33141
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List your rental →Listing data © MIAMI MLS · IDX information deemed reliable but not guaranteed · 196 days on market.
We do not advertise a “free” buyer’s agent; buyer-representation compensation is disclosed in writing. Bitcoin pricing is indicative and updates with the market — not financial, tax, or legal advice. Buyer to independently verify all measurements, assessments, and flood & insurance facts.