BayWest Isles (2011 Bay Drive) is a four-story fully-modernized Mediterranean style apartment building featuring 15 renovated units in the heart of North Beach. All 15 apartments consist of large 830+ square foot one-bedrooms. The property is fully occupied with a current average rent of $1,812. With significantly below-market rents, there is a potential rental upside of $71,400 annually (an average of $396+ per unit per month) aligning with current market rates.

This listing is courtesy of Max Loria at STL Advisors, LLC em:max@stl-advisors.com ph:561-901-1402.

More detailed information, including prior sales, lot and building square footage per the county, zoning, traffic maps, nearby businesses, and more related to the Miami-Dade county property folio associated with this commercial property listing, which in most cases would be for the listed property, is displayed below. This is not provided by the listing broker or agent, but is information obtained independently from the county for the folio number 0232100021060 entered for this listing by the listing broker / listing agent. Importantly, always verify information. This county information is not updated regularly. Thus, some of the information may have changed since it was obtained. Information herein is provided on a best efforts basis only. Do not rely on it to make an investment decision.

Miami-Dade County Information for Folio 02-2100-002-1060 (0232100021060)*
Links to Miami-Dade Lot Outline, Aerial Views, Tax Records
Property Location*
Address: 2011 Bay Dr
City: Miami Beach
State: Florida
Zip Code: 33141-4498 (Listings)
County: Miami-Dade (Listings)
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Building Size - English*
Living Square Feet: 12,508
Actual Square Feet: 12,508
Adjusted Square Feet: 12,508
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Lot Size - English*
Lot Size (sf): 7,266
Lot Size (acres): 0.17
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Building Size - Metric*
Living Square Meters: 1,162.03
Actual Square Meters: 1,162.03
Adjusted Sq M: 1,162.03
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Lot Size - Metric*
Lot Size (sq m): 675
Lot Size (ha): 0.07
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Zoning & Land Use*
Land Use: 0303 - Multifamily 10 Units Plus : Multifamily 3 Or More Units
Zoning: 3900 - Multi-family - 38-62 U/a
Municipal Zoning: RM-1 (Miami Beach)
All Listed | All Properties
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Prior Sale*
Type: Qual by exam of deed
Qual: Q
Date: 09/01/2022
Amount: $3,950,000
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Prior Sale #2* (Second to Last)
Type: Qual by exam of deed
Qual: Q
Date: 10/31/2019
Amount: $2,800,000
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Prior Sale #3* (3rd to Last)
Type: Qual by exam of deed
Qual: Q
Date: 09/30/2010
Amount: $1,100,000
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Taxable Values*
Tax Year: 2023
Land: $726,600
Building: $2,373,400
Total: $3,100,000
Assessed: $3,100,000
County Taxable: $3,100,000
City Taxable: $3,100,000
Mill Code: 0200
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Ownership*
Owner 1: Baywest Isles Llc
Mailing Address: 501 Ne 31 St Ste 3604
Mailing City: Miami
Mailing State: Fl
Mailing Zip: 33137
Mailing Country: USA
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Building Information*
Stories: 4
Units: 15
Year Built: 1977
Effective Year Built: 1977
Extra Features 1: Elevator - Passenger
Extra Features 2: Central A/c (aprox 400 Sqft/ton)
Extra Features 3: Wall - Cbs Unreinforced
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Legal Description*
Legal Description Concatenated: ISLE OF NORMANDY MIA VIEW SEC PART 1 PB 34-80 LOT 26 BLK 38 LOT SIZE 7266 SQ FT OR 18886-4950 1199 1 COC 22404-2057 06 2004 1

*This Miami-Dade county folio information was recently obtained for the folio number entered on this listing by the listing broker, which usually is correct, but not always. This information is not represented as or warranted to be accurate or current. Verify this and all information about this property independently. Do not rely on it to make an investment decision.