Apartments Joycia Apartments Condo

$ 350,000
  • 2 bed
  • 2 bath
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Details
    • Listed on:
      August 04, 2025
    • Days on Market:
      8
    • Maintenance:
      873
    • Taxes:
      $ 350 per year
    • Year:
      1951
    • Furniture:
      Unfurnished
    • Floor Description:
      Other
    • Terms Considered:
      Cash, Conventional
    • View from Apartment:
      Bay, Garden View
    • Parking:
      -
  • Interior Features:
    • First Floor Entry
    • Split Bedroom
  • Exterior Features:
    • Barbeque
    • Courtyard
    • Fruit Trees
  • Legal Description:
    200 east palmetto park condo unit ph -1
Description
Investor Opportunity: Normandy Island. Enjoy stunning sunsets from this private 2-bed/2-bath, split-layout unit located on Bay Drive West, nestled on a quiet, no-outlet street. Rents for $3,500/month +/- fully renovated, or can be leased as-is for \$2,500/month +/-. Possible future developer land play opportunity with 2 four unit, single-level buildings and a 2 level building with 18-units, totaling 26 units. The entire property sits on approx. 35,000 SF property with an impressive 220 feet of Biscayne Bay frontage. With $2 billion + in new construction underway in the area. Additional; low monthly maintenance, new seawall, dock, and pool, and the building has successfully passed the 40-year recertification, ensuring structural integrity and compliance. Near Golf, tennis & kid parks.
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