1235 Normandy Dr, Miami Beach FL 33141

Closed

$2,100,000

Est. Payment $11,177/mo

MLS Sheet Video

1957

Year Built

Stories

Days on Market

Description

DO NOT DISTURB TENANTS-Exceptional 10-unit multifamily investment opportunity in Miami Beach’s sought-after Normandy Isles—priced below recent sales averages. This 100% occupied building features 10 1-bed/1-bath units, all benefiting from a new roof, updated electric panel, and a new water heater. 1235 Normandy Drive offers prime proximity to popular shopping centers, tennis courts, top-rated schools, and the pristine shores of North Beach. Commuters enjoy easy access to major thoroughfares and Miami International Airport, while Lincoln Road, Ocean Drive, and Miami Beach Golf Club are just minutes away. Seize the chance to secure solid rental income or position yourself for future appreciation in a thriving neighborhood.

Facts

MLS#: A11745780
Subdivision: —
Property Type: Commercial Sale
Property Sub Type: Income/MultiFamily
Year Built: 1957
Lot Size: 6,250 ft²
Sq. Ft.: —
Sq. Mt.: —
Price per sq. ft.: —
Price per sq. mt.: —
Stories: 2
Garage: —
Pool: —
Days on Market: 34 days
Listed: Feb 19, 2025
Last Updated: May 13, 2025
Price/Lot Sq.Ft.: $336/ft²

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Market insights for Miami Beach

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

5/13/2025	Sold	$2,100,000
2/19/2025	Listed for sale	$2,100,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

1235 Normandy Dr, Miami Beach FL 33141Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

Oxbridge Academy of the Palm Beaches
7,8,9,10,11,12 · private · 0.5 mi
Oxbridge Academy of the Palm Beaches
10,11,12,UG · private · 0.5 mi
Bear Lakes Middle School
6,7,8 · public · 0.6 mi
Rpbywcacdc Head Start
PK,KG · private · 0.7 mi
West Palm Beach Head Start
PK,KG · private · 0.7 mi
Renaissance Charter School At West Palm Beach
KG,1,2,3,4,5,6,7,8 · charter · 1.0 mi
Coates Learning Center
5,6,7,8,9,10,11,12 · private · 1.0 mi
Seminole Trails Elementary School
PK,KG,1,2,3,4,5 · public · 1.1 mi
S.A.T. Virtual Resource Center
7,8,9,10,11,12 · private · 1.2 mi
Children Of Purpose Christian Academy
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.2 mi

Estimated Monthly Payment

$13,077/mo

Principal & Interest

$11,177

Property Tax

$1,750

Insurance

$150

HOA

Down Payment20% ($420,000)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

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