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$425,000

2200 Bay Dr #3

2 bd · 2 ba · 1,035 sq ft

306 days on marketCondominiumWaterfront

Listing courtesy of AAA International Realty. 305-367-1621

From the MLS

Bedrooms
2
Bathrooms
2
Living area
1,035 sq ft
Asking per square foot
$411
Year built
1951
Association fee
$873 monthly
ZIP code
33141
MLS number
A11852415

What the listing says

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.

Description supplied by AAA International Realty.

Before you offer on this one

The asking price is the easy part. What decides a Miami condo purchase sits in the association’s budget, its reserve study, the last twelve months of board minutes and the milestone inspection — and in whether the declaration permits what you intend to do with it.

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