Investment opportunity in Miami Beach- Fully Occupied with standard leases and transferable deposits! This four-unit property features large 1-bed, 1-bath units, each with their own central AC and separate electric meters – tenants pay their own electric bills. The building comes with a new roof and has recently passed a 40-year recertification. Interior features Dade County pine wood floors, some updates in units, spacious walk-in closets, high ceilings, & lots of natural light. Outside, there's plenty of space for tenants to enjoy barbecues & relaxation. Located just minutes away from downtown Miami & South Beach, short bike ride to beach. Great, reliable tenants on standard leases, ensuring a stable income flow & good rate of return. Neighboring property for sale, good package deal.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
7
/10
Treasure Island Elementary School
7540 E Treasure Dr
Distance between this listing and this school1.36 miles
Public District Grades PK-5
Middle School
5
/10
Nautilus Middle School
4301 N Michigan Ave
Distance between this listing and this school2.73 miles
Public District Grades 6-8
High School
5
/10
Miami Beach Senior High School
2231 Prairie Ave
Distance between this listing and this school3.87 miles
Public District Grades 9-12
Assigned Schools
7
/10
Treasure Island Elementary School
7540 E Treasure Dr
Distance between this listing and this school1.36 miles
Public District Grades PK-5
Nearby Schools
6
/10
Biscayne Elementary School
800 77th St
Distance between this listing and this school0.45 miles
Public District Grades PK-5
10
/10
Ruth K. Broad/Bay Harbor K-8 Center
1155 93rd St
Distance between this listing and this school2.03 miles
Public District Grades PK-5
Assigned Schools
5
/10
Nautilus Middle School
4301 N Michigan Ave
Distance between this listing and this school2.73 miles
Public District Grades 6-8
Nearby Schools
8
/10
Mater Academy Miami Beach
8625 Byron Ave
Distance between this listing and this school1.17 miles
Public Charter Grades KG-8
2
/10
Horace Mann Middle School
8950 NW 2nd Ave
Distance between this listing and this school4.61 miles
Public Magnet Grades 6-8
Assigned Schools
5
/10
Miami Beach Senior High School
2231 Prairie Ave
Distance between this listing and this school3.87 miles
Public District Grades 9-12
Nearby Schools
10
/10
Mast@Fiu
3000 NE 151st St
Distance between this listing and this school4.00 miles
Public District Grades 9-12
5
/10
Alonzo and Tracy Mourning Senior High School Biscayne Bay Campus
2601 NE 151st St
Distance between this listing and this school4.38 miles
The neighbors living near this home have an average income of $36,264. Residents of Miami Beach, FL typically earn less than $35k each year. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
This home is located at 6945 Rue Vendome in Miami Beach, FL and zip code 33141 in the Normandy Isle neighborhood. This 3,267 square foot home was built in 1950. It has been listed on Rocket Homes since March 17, 2024 and is currently priced at $1,380,000.
While more than 6 listings in Miami Beach, FL in March 2024 were sold above asking price, there were more than 12 listings sold at asking price, and more than 118 were sold below. The inventory of homes for sale in Miami Beach, FL between February 2024 and March 2024 increased by 8.6%. Listings spent 85 days on the market in March 2024, and had a median list price of $569,797 during the same period.
From Rocket Homes Real Estate and based on county public records data.