Interior
- Bathrooms
- 0
- Flooring
- Tile
- Cooling
- Wall Window Units
- Heating
- None
Active · MultiFamily
$2,590,000
7155 Rue Notre Dame, Miami Beach, FL 33141
- Beds
- —
- Baths
- 0
- Living area
- — sq ft
- $ / sq ft
- —
- Year built
- 1953
- Lot size
- 6,931 sq ft
- HOA fee
- —
- Annual tax
- $31,382
About this property
Rare opportunity to own a 10-unit multifamily building in Miami Beach’s sought-after Normandy Isle. Property features four 2BD/2BA and six 1BD/1BA units across two floors, plus an on-site leased laundry facility providing additional income. Ideally located near the beach, shopping, dining, and transit. Normandy Isle’s limited land and strict zoning create strong barriers to entry, ensuring long-term value. Competitively priced per square foot and per door, this stabilized asset offers investors solid cash flow and excellent rent growth potential.
Property location
Get Directions7155 Rue Notre Dame, Miami Beach, FL 33141
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Facts & features
Exterior & Structure
- Property type
- MultiFamily
- Year built
- 1953
- Lot size
- 6,931 sq ft
- Construction
- CBSConcrete Block Structure, Block
Parking
- Covered spaces
- 0
HOA, Community & Financials
- Security
- Smoke Detectors
- Annual tax
- $31,382
- County
- Miami-Dade
- Days on market
- 351
- MLS listing ID
- A11905482
- Listing status
- Active
Virtual tour
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Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$3,583
- Cap rate
- 4.0%
- Net yield
- 4.0%
- Cash-on-cash return
- -5.9%
- Gross yield
- 6.6%
- Mortgage payment
- $12,278/mo
- Down payment
- $647,500
- Loan amount
- $1,942,500
- Annual NOI
- $104,334
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.