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$1,649,000   Price Analysis
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7115 Rue Granville
Miami Beach, FL 33141
8 bed 8 bath 4,524 SqFt ($364/SqFt)
6,775SqFt lot. Built 1947
Listed 2024-04-24, Taxes $12,112
Ⓧ USDA Ineligible
due to price & location

near Miami Beach

Location!

Location. Location! Miami Beach 4Plex, All Large 2 Bed 2 Bath Units In One Of Miami's Exclusive Areas, Normandy Isles! Located About A Mile From Miami Sandy Beaches and Surrounded By Beautiful Biscayne Bay. Normandy Isles Also Has Community Prks, Pool + Normandy Shores Golf Course and So Much More. Making This Property Ideal For Possible Air Bnb, Annual Rental Or Owner Occupant.

Property Has An Additional Bonus Lot To Possibly Expand The Building, Add a Pool Or For Possible Additional Units. All 4 Units Have Separate Electric Meters. Current Rents Are Below Market. Projected Annual Gross Income is $132, 000 +/- (Including Coin Laundry). Estimated Annual Expenses Are $37, 482 +/-. Expenses Include Taxes:$14, 382 Landscaping: $3, 000 Estimated Insurance: $7, 500 Water: $6, 000 Trash: $6, 600


Presented by CARLOS MONTOYA at
Fidelity Real Estate Group LLC.
Listing Agent Photo

Property MLS #F10435850 from BeachesMLSMatrix

Bedrooms: 8

Total Bathrooms: 8
Full Bathrooms: 8

Cooling Features: Ceiling Fans, Wall/Window Unit Cooling
Heating Features: No Heat

Window Features: Blinds/Shades

Balconies
Fence

Lot Description: Less Than 1/4 Acre Lot
Lot Size Acres: 0.1555326
Lot Size Dimensions: 6775
Lot Size Square Feet: 6775

Association: No
Calculated Total Monthly Association Fees: 0

Number of Units: 4
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Full Bathrooms in Unit-1: 2
Full Bathrooms in Unit-2: 2
Full Bathrooms in Unit-3: 2
Full Bathrooms in Unit-4: 2
Unit-1 Furnished Description: Unfurnished
Unit-2 Furnished Description: Unfurnished
Unit-3 Furnished Description: Unfurnished
Unit-4 Furnished Description: Unfurnished
Unit 1 Total Actual Rent: 2000.00
Unit 2 Total Actual Rent: 1100.00
Unit 3 Total Actual Rent: 1650.00
Unit 4 Total Actual Rent: 1600.00

Rent Includes: Hot Water, Lawn Care, Sewer, Trash Removal, Water

Annual Tax Amount: 13934
Source Listing Status: Active
County: Miami-Dade County
Directions: Biscayne Blvd & NE 79 St. Head East On NE 79th St. Continue onto 79th Street Causeway/N Bay Causeway/John F Kennedy Causeway/71st St. Continue straight to stay on 71st St. Turn left onto Rue Granville. Destination will be on the right
Tax Year: 2023
Source Property Type: Residential Income
Area: 32
Source Neighborhood: Isle Normandy Miami View
Parcel Number: 02-32-10-017-0340
Postal Code Plus 4: Post
Subdivision: Isle Normandy Miami View
Zoning: 3900
Property Subtype: Fourplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$1,000 + $643,625
$644,625
$12,112
2021$unknown + $unknown
$599,981
$12,177
2020$unknown + $unknown
$545,438
$10,999
2019$unknown + $unknown
$495,853
$10,277
2018$unknown + $unknown
$450,776
$9,410
2017$62,093 + $474,250
$536,343
$8,688
2016$unknown + $unknown
$372,543
$8,435
2015$unknown + $unknown
$338,676
$7,044
2014$unknown + $unknown
$307,888
$6,311
2013$unknown + $unknown
$279,899
$6,024
2012$unknown + $unknown
$254,454
$5,208
2011$unknown + $unknown
$281,554
$5,827
2010$unknown + $unknown
$271,391
$5,988
2009$unknown + $unknown
$410,503
$8,444
2008$unknown + $unknown
$488,416
$9,902
2007$unknown + $unknown
$593,428
$11,972

Price Changed 2024-06-05
$1,649,000
BeachesMLSMatrix
Listed 2024-04-24
$1,698,000
BeachesMLSMatrix
Listing removed 2024-04-14
$0
MiamiMLS
Listed 2024-03-05
$1,725,000
MiamiMLS
Listing removed 2024-03-05
$1,725,000
MiamiMLS
Listing removed 2024-03-05
$1,900,000
MiamiMLS
Price Changed 2024-02-21
$1,725,000
MiamiMLS
Price Changed 2024-01-15
$1,775,000
MiamiMLS
Listing removed 2024-01-08
$1,900,000
MiamiMLS
Listed 2024-01-05
$1,900,000
MiamiMLS
Relisted 2023-10-19
$1,900,000
MiamiMLS
Listing removed 2023-10-10
$1,900,000
MiamiMLS
Relisted 2023-10-07
$1,900,000
MiamiMLS
Listing removed 2023-10-05
$1,900,000
MiamiMLS
Listed 2023-10-04
$1,900,000
MiamiMLS
Sold 1993-08-25
$160,000
Public Record

Net Operating Income: 94518
Operating Expense: 37482

Total Square Feet Living: 4524
Year Built: 1947
Construction Materials: Concrete Block Construction
Property Age: 77
Roof: Barrel Roof
Building Total Stories: 2.0
Structure Type: Fourplex
Year Built Details: Resale

Sewer: Municipal Sewer
Cable Satellite: Yes
Water Source: Municipal Water

Treasure Island Elementary School is a public elementary school located approximately 0.6 miles away.
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Nautilus Middle School is a public middle school located approximately 2.6 miles away.
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Miami Beach Senior High School is a public high school located approximately 3.7 miles away.
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Stars Learning Day Care Center is a private elementary school located approximately 0.2 miles away.
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Stars Learning Center is a private elementary school located approximately 0.2 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.