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1794 Normandy Drive

Miami Beach FL 33141

3000 sq. ft.
Duplex
Currently for sale - view listing

Overview

DEVELOPERS & INVESTORS—Rare opportunity to acquire two adjacent four-unit multifamily properties at 1784 and 1794 Normandy Drive in Miami Beach. Offered together for $2,750,000 the properties comprise eight (8) existing rental units on approximately 12,500 SF of combined land with approximately 100 feet of frontage in desirable Normandy Isle. The assemblage provides immediate income with compelling long-term redevelopment potential. Preliminary conceptual planning indicates the site may accommodate approximately 12 contemporary townhouses configured as two six-unit modules, subject to verification of zoning, FAR, parking, historic classification and all required City approvals. The properties are located within the RM-1 multifamily district and North Beach National Register Conservation District Overlay. An excellent opportunity to renovate, hold for income or explore a boutique residential redevelopment. See attachments for Conceptual development study. No development plans or unit count are approved or guaranteed. Buyer must conduct independent due diligence with the City of Miami Beach. Please do not disturb tenants.

Features

3000 sq. ft. floor area
Duplex

Happy sellers in Miami Beach

95%
95% of sellers in Miami Beach reported that their sale price either exceeded or met their price expectations.

Miami Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 7 reviews in Miami Beach over the last 12 months.

Local market activity for duplexes in Miami Beach

In the last 12 months, 11 duplexes similar to 1794 Normandy Drive, have been sold.

This represents a 32% increase in duplexes sales when compared to the previous 12 months.

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