2200 Bay Dr 3

2200 Bay Dr # 3, Miami Beach FL 33141

$425,000

2 bd 2 ba 1,035 sqft

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Quick Facts

Property Type

Condominium

Year Built

1951

Furnished

Unfurnished

Parking

Open, Other, On Street

Pets

More Than 20 Lbs

About This Property

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.