10-Unit Multifamily Building in Normandy Isle, Miami Beach

Rare 10-unit multifamily property in Miami Beach’s Normandy Isle with 2BD/2BA and 1BD/1BA units plus on-site laundry facility.
$2,590,000

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Florida Local Time --:--
MLS #A11905482
Listing Updated: 2026-07-28 12:24:38
Listed By: Direct Realty Solutions

Overview

This rare multifamily property in Miami Beach’s Normandy Isle offers ten residential units, including four two-bedroom, two-bathroom apartments and six one-bedroom, one-bathroom apartments. Spread over two floors, the building also features an on-site leased laundry facility that generates additional income. Located close to the beach, shopping, dining, and public transit, this property benefits from Normandy Isle’s limited land availability and strict zoning regulations, which help maintain long-term value. The competitive pricing per square foot and per door makes this stabilized asset attractive for investors seeking reliable cash flow and growth potential.

Property Highlights

10-unit multifamily building, Normandy Isle location, 4 x 2BD/2BA units, 6 x 1BD/1BA units, on-site leased laundry, near beach and amenities, strong zoning protections, competitive pricing.

Property Details

City: Miami Beach
State: FL
Zip Code: 33141
Address: 7155 Rue Notre Dame, Miami Beach FL 33141
Year Built: 1953
Property Type: Commercial Sale
Property Sub Type: Income/MultiFamily
Listing Office Name: Direct Realty Solutions
County: Miami-Dade County
Garage Spaces:
Parking Features:
Interior Features:
Exterior Features:
Waterfront: No
Pool: No
HOA Fee: $0
Annual Tax: $31,382
Days On Market: 219 Days
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

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

7155 Rue Notre Dame, Miami Beach FL 33141

About This Neighborhood

Normandy Isle is a desirable neighborhood within Miami Beach known for its residential charm and convenient access to the beach. The area offers a mix of multifamily and single-family homes, with well-maintained streets and local amenities. Residents enjoy proximity to shopping centers, dining options, and public transit, making daily life comfortable and accessible. The neighborhood’s zoning restrictions help preserve its character and limit new developments, contributing to a stable community environment.

Walkability & Lifestyle

Residents of Normandy Isle enjoy walkable access to local shops, restaurants, and recreational areas. The neighborhood’s proximity to the beach offers opportunities for outdoor activities and waterfront enjoyment. Public transit options nearby enhance connectivity to other parts of Miami Beach and the greater metropolitan area. The walkability and lifestyle amenities make this location convenient for daily living and leisure.

Things To Do Nearby

Normandy Isle is close to a variety of lifestyle and recreational activities, including beach outings, waterfront dining, and shopping. Residents can explore nearby parks, marinas, and cultural attractions. The area also offers nightlife and entertainment options within a short distance. Outdoor enthusiasts appreciate the access to boating, fishing, and golf facilities, enriching the local living experience.

Nearby Schools

Normandy Isle provides convenient access to various educational institutions in Miami Beach. Families living in the area benefit from nearby public and private schools offering a range of academic programs. The neighborhood’s accessibility allows for manageable commutes to schools, supporting a balanced lifestyle for residents with children. The presence of quality schools contributes positively to the community’s appeal.

Why Buyers Like This Area

Buyers appreciate Normandy Isle for its blend of residential tranquility and urban convenience. The neighborhood’s limited development opportunities create a sense of exclusivity and stability. Its location near the beach and amenities appeals to tenants and owners alike. The property’s configuration and income potential make it a practical choice for investors seeking a balanced multifamily asset in Miami Beach.

Investment Potential

This multifamily property in Normandy Isle offers a stable income stream with ten residential units and an additional leased laundry facility. The area's limited land and strict zoning laws create barriers to new construction, supporting long-term property value. Its proximity to popular Miami Beach amenities enhances tenant demand, making it a practical choice for investors seeking steady cash flow and potential rent growth. While returns can vary, the location and property features contribute to its appeal in the multifamily market.

Rental Income Potential

This property’s mix of two-bedroom and one-bedroom units appeals to a broad tenant base, including professionals and small families. The on-site leased laundry facility adds an extra revenue stream. Its location near the beach, shopping, and transit increases tenant interest and occupancy potential. Seasonal demand in Miami Beach can also support rental income stability. Investors should consider local market conditions and tenant preferences when evaluating rental prospects.
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