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2070 Bay Dr
Miami Beach, FL 33141
Pierre On the Bay · Multifamily Property For Sale
·
70 Units
Investment Highlights
- MInutes from South Beach with access to many retail shops and restaurants
Property Facts
| No. Units | 70 | Building Size | 40,590 SF |
| Property Type | Multifamily | Average Occupancy | 94% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1951/2022 |
| Building Class | B | Parking Ratio | 0.44/1,000 SF |
| Lot Size | 1.13 AC | ||
| Zoning | RM-1, 3900 - Residential Multiple- Family | ||
| No. Units | 70 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 1.13 AC |
| Building Size | 40,590 SF |
| Average Occupancy | 94% |
| No. Stories | 2 |
| Year Built/Renovated | 1951/2022 |
| Parking Ratio | 0.44/1,000 SF |
| Zoning | RM-1, 3900 - Residential Multiple- Family |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Walk-Up
About 2070 BAY DR , MIAMI BEACH, FL 33141
Potential redevelopment opportunity where future plans allow building sites on vacant land. The current owner is working on hospitality licenses and potential rezoning. This location is a perfect opportunity for someone looking to brand hotel and potential hospitality, right right off of the marina and minutes from John F Kennedy Causeway, South Beach, and many restaurants and retail spaces.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 70 | - | 545 - 615 |
Property Taxes
| Parcel Number | 02-3210-002-1120 | Improvements Assessment | $6,132,004 |
| Land Assessment | $3,867,996 | Total Assessment | $10,000,000 |
Property Taxes
Parcel Number
02-3210-002-1120
Land Assessment
$3,867,996
Improvements Assessment
$6,132,004
Total Assessment
$10,000,000
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