7116 Bay Drive, Miami Beach, FL 33141
$1,345,000
Property Type:
Commercial Sale
Status:
Closed
Current Price:
$1,345,000
List Date:
4/12/2016
Last Modified:
6/11/2026
Overview
Description
Listing Details MLS# A10066493
General Property Information
- Property Sub Type
- Multi Family
- Occupant Type
- Tenant
- Year Built
- 1940
- Year Built Details
- YearBuiltDescription Resale
- Parking Total
- 10
- Lot Size Area
- 8125
- Lot Size Acres
- 0.19
- Stories Total
- 2
Property Features
Building Features:
Exterior Lighting; Fenced Area; Storage
Common Area Maintenance Includes:
Exterior Electric; Fire Liability Insurance
Documents Available:
Owner Managed; Rent Rolls; Title/Abstracts
Electric:
110 Volts; 220 Volts; Separate Meters
Flooring:
Parquet; Tile
Heating:
Window/Wall
Location of Property:
City Location; In Residential Area
Parking Features:
Common; No Truck/Trailer
Possession:
Negotiable
Property Condition:
Resale
Sale Includes:
Building; Land; Leases
Special Licenses:
City License; Occupational
Tenant Pays:
Electricity; Exterior Electric; Fire Liability Insurance; Insurance
Cooling:
Wall/Window Unit(s)
Listing Terms:
Cash
Road Frontage Type:
City Street
Roof:
Tile
Security Features:
Fire Alarm; Security Fence; Smoke Detector(s)
Special Information:
Corporate Owned
Water Source:
Public
Showing Requirements:
24 Hour Notice; Appointment Only; Call Listing Agent
Contingencies:
None
Contract Information
- Comp Sale YN
- No
- Original List Price
- 1550000
Location and Legal
- Country
- United States
- County Or Parish
- Miami-Dade
- County Parish Name
- Miami-Dade
- Street Number
- 7116
- Street Name
- Bay
- Street Suffix
- Drive
- City Name
- Miami Beach
- Municipal Code
- 2
- State Or Province
- FL
- Postal Code
- 33141
- Postal Code +4
- 5482
- Area
- 2320
- Parcel Number
- 0232100130330
- Subdivision Number
- 13
- Zoning
- RO
- Directions
- Coming from Collins Ave South o North, make left in 71 St to Bay Drive, in the left side is the Building,next to Bay Supermarket
- Property Description
- Mixed use Store/Residntial
Financial Information
- Tax Annual Amount
- 13650
- Tax Year
- 2015
- Tax Legal Description
- 2-3-10-11 53 42 OCEAN SIDE SEC OF ISLE OF NORMANDY PB 25-60 S50FT OF LOT 5 & S50FT OF E62.18 FT OF LOT 4-A BLK 3 LOT SIZE 50.000 X 168 OR 18
Status Change Information
- Major Change Timestamp
- 2016-10-14T23:11:27Z
- Major Change Type
- Status Change
- Status Change Date
- 2016-10-23
- Under Contract Date
- 2016-08-29
- Close Date
- 2016-10-14
- Close Price
- 1345000
- Buyer Financing
- Cash
More Information
Building and Property Details
- Improvement Height
- 2 Stories
Meter Information
- Number Of Meters Total
- 10
Income and Expenses
- Gross Income
- 7150
- Gross Scheduled Income
- 7150
- Inc/Exp Statement Period
- 900
- Insurance Expense
- 1920
- Net Operating Income
- 625
- Other Expense
- 950
- Real Estate Taxes
- 13650
- Total Expenses
- 950
- Trash Expense
- 350
- Utilities Expense
- 550
Buyer Details
- Intended Use
- Investment
- Buyer State
- Florida
- Zip Code
- 33024
Concessions
- Seller Concessions
- No
- Seller Concessions Amount
- 0
Section Details
- Parcel Number MLX
- 0330
Originating Details
- Originating System Key
- 217962648
- Originating System ID
- M00000151
Currently Not Used
- Ownership Type
- Corporation
Office/Member Information
- DXORIGMLSID
- SEF
Electric
- 110 Volts
- Yes
- 220 Volts
- Yes
- Separate Meters
- Yes
Flooring
- Parquet
- Yes
- Tile
- Yes
Parking Features
- Common
- Yes
- No Truck/Trailer
- Yes
Property Condition
- Resale
- Yes
Documents Available
- Owner Managed
- Yes
- Photos
- Yes
- Rent Rolls
- Yes
- Title/Abstracts
- Yes
Tenant Pays
- Electricity
- Yes
- Exterior Electric
- Yes
- Fire Liability Insurance
- Yes
- Insurance
- Yes
Location of Property
- City Location
- Yes
- In Residential Area
- Yes
Possession
- Negotiable
- Yes
Special Information
- Corporate Owned
- Yes
Building Features
- Exterior Lighting
- Yes
- Fenced Area
- Yes
- Storage
- Yes
Common Area Maintenance Includes
- Exterior Electric
- Yes
- Fire Liability Insurance
- Yes
Heating
- Window/Wall
- Yes
Sale Includes
- Building
- Yes
- Land
- Yes
- Leases
- Yes
Special Licenses
- City License
- Yes
- Occupational
- Yes
Listing Terms
- Cash
- Yes
Road Frontage Type
- City Street
- Yes
Roof
- Tile
- Yes
Security Features
- Fire Alarm
- Yes
- Security Fence
- Yes
- Smoke Detector(s)
- Yes
Water Source
- Public
- Yes
Cooling
- Wall/Window Unit(s)
- Yes
Showing Requirements
- 24 Hour Notice
- Yes
- Appointment Only
- Yes
- Call Listing Agent
- Yes
Contingencies
- None
- Yes
Listing Office:
MAR NON MLS MEMBER
Last Updated: June - 11 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
