Spectacular Fourplex in Normandy Isles, Miami Beach. All 4 units 2 Bed/ 1 Bath. 2,767 Sq/Ft sitting on a 5,280 Sq/Ft LOT. 40-year recertification. Central AC in 1 installed in June 2019. Split AC for units 2, 3 and 4 installed between 2021 and 2023. Tankless Water Heaters. Gas Stoves. Washing Machine/Dryer Combos in 3 of 4 units. High Impact Windows in Dec 2022. Roof in Nov 2016. Termite Tenting Sept 2019. Stucco and premium Benjamin Moore ext paint- April 2023. 2 units owner occupied and the other 2 way below market rent. *Do not Disturb Tenants*
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$8,547
Per Month
Principal & Interest
$8,480
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$5,160
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Treasure Island Elementary School
7540 E Treasure Dr
Distance between this listing and this school0.42 miles
Public District Grades PK-5
6
/10
Biscayne Elementary School
800 77th St
Distance between this listing and this school1.25 miles
Public District Grades PK-5
8
/10
Phyllis R. Miller Elementary School
840 NE 87th St
Distance between this listing and this school2.31 miles
Public Magnet Grades PK-5
Nearby Schools
7
/10
Mater Academy Miami Beach
8625 Byron Ave
Distance between this listing and this school1.85 miles
Public Charter Grades KG-8
6
/10
Nautilus Middle School
4301 N Michigan Ave
Distance between this listing and this school2.61 miles
Public District Grades 6-8
4
/10
Horace Mann Middle School
8950 NW 2nd Ave
Distance between this listing and this school3.68 miles
Public Magnet Grades 6-8
Nearby Schools
1
/10
Dr. Marvin Dunn Academy for Community Education.
8950 NW 2nd Ave
Distance between this listing and this school3.64 miles
Public District Grades 9-12
5
/10
Miami Beach Senior High School
2231 Prairie Ave
Distance between this listing and this school3.67 miles
Public District Grades 9-12
7
/10
Itech@Thomas a Edison Educational Center
6101 NW 2nd Ave
Distance between this listing and this school3.77 miles
The neighbors living near this home have an average income of $26,935. Residents of Miami Beach, FL typically earn less than $35k each year. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
This home is located at 2115 Bay Dr in Miami Beach, FL and zip code 33141 in the Normandy Isle neighborhood. This 2,767 square foot home was built in 1940. It has been listed on Rocket Homes since November 19, 2024 and is currently priced at $1,699,000.
Over 2 listings were sold over their listed price in November 2024 in Miami Beach, FL. In the same period over 65 listings were sold below the listed price and 6 listings were sold for the listed price. The number of listings in Miami Beach, FL increased by 14.3% between October 2024 and November 2024. The median list price of listings available in November 2024 was $617,500, while the average time on the real estate market was 97 days.
From Rocket Homes Real Estate and based on county public records data.