2200 Bay Drive 3, Miami Beach, FL 33141
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Active

$425,000

2200 Bay Drive 3, Miami Beach, FL 33141

2 Beds
2 Baths
1,035 Sq Ft
1951 Year Built

Property Description

Investor Opportunity: Normandy Island. Enjoy stunning sunsets from this private 2-bed/2-bath, split-layout unit located on Bay Drive West, nestled on a quiet, no-outlet street. Could Rent for $3,000/month +/- fully renovated, or can be leased as-is for \$2,500/month +/-. Additional; low monthly maintenance, new seawall, dock, and pool, and the building has successfully passed the 40-year recertification, ensuring structural integrity and compliance. Near Golf, tennis & kid parks, safe community. Possible future developer land play opportunity with 2 four unit, single-level buildings and a 2 level building with 18-units, totaling 26 unit condominium. The entire property sits on approx. 35,000 SF with an impressive 220 feet of Biscayne Bay frontage. With $5 billion + in new construction underway in the area.

Property Details

MLS Number
A11852415
Property Type
Condominium
City
Miami Beach
County
Miami-Dade
Subdivision
JOYCIA APARTMENTS CONDO
Garage
0 spaces