• 531 NE 55th Ter Miami, FL 33137

  • $1,675,000
  • 3
    Bed(s)
  • 2
    Baths
  • 1,896
    Sq Ft
  • 6540
    Sqft

Welcome to an exceptional investment opportunity on the most desirable street in Morningside.Investor Special! Prime Opportunity in Miami's Prestigious Morningside Gated Community. Tear down and build a new or completely renovate (complete gut). Strong comps and high return potential make this a golden chance to invest in a premier Miami location. Renovation plans available upon request. Property Highlights: Impact Sliding Glass Doors and Windows:Included with the property. Comprehensive New Plans:Includes MEP, architectural, and pool plans. Pending Approvals:Expected within the next month or two. Excellent Roof Condition:Only 6-7 years old. Solid Foundation:Ready for interior renovation. Community Features: Gated Security Park with Walking Paths Tennis Courts

Property Type :

Residential

Subdivision :

Bayshore Unit No 3

County :

Miami-Dade County

Style :

Residential

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Property Details

 

Bedroom Information

Total beds : 3

Bathroom Information

Total Baths: 2

Full Baths: 2

Interior Features

BedroomonMainLevel,FirstFloorEntry

Roof : Flat,Tile

Appliances : None

Roofing Information

Flat,Tile

Flooring Information

Wood

Heating & Cooling

Heating: Other

Cooling: Other

Building Information

Year Built: 1938

Building Area Total: 2388

Construction Materials : Block

Stories : 1

Pool Features : None

Private Pool : No

View : None

Exterior Features

Exterior Features : Other

Lot Information

Main Square Feet: 6540

Lot Size Square Feet: 6540

Lot Description: Item14Acre

Property Information

Subdivision: BAYSHORE UNIT NO 3

Source Property Type: Residential

Postal Code Plus 4: 2618

Zoning Description: 0100

Property SubType: SingleFamilyResidence

Direction Faces: South

Property Age: 86

Listing Price Information

Original List Price: $1675000

Original List Price: $1675000

Cash,Conventional

Tax Information

Parcel Number: 01-32-18-037-0710

Tax Year: 2023

Annual Tax: $23628

Tax Legal Desc: BAYSHORE UNIT NO 3 PB 12-50 LOT 14 BLK 25 LOT SIZE 60.000 X 109 OR 11857-2038 0783 4

Parking Information

Covered,Driveway

Garage Information

Has Garage: Yes

Garage Space: 1

Location Information

WaterSource: Other

Security Features: GatedCommunity

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
480 NE 31st St #1904, Miami, FL,33137 $1,080,000 2 3 1,186 --
121 NE 34 St #2215, Miami, FL,33137 $550,000 1 2 621 --
3900 Biscayne Blvd #S-216, Miami, FL,33137 $745,000 2 2 984 --
480 NE 31 St #2007, Miami, FL,33137 $1,670,000 3 3 -- --
4250 Biscayne Blvd #501, Miami, FL,33137 $599,000 2 2 1,062 --
4756 Bay Point Rd, Miami, FL,33137 $6,000,000 4 4 2,390 19680 Sqft
3250 NE 1st Ave #515, Miami, FL,33137 $969,990 2 2 1,535 --
501 NE 31st St #PH4405, Miami, FL,33137 $625,000 1 2 833 --
4241 Palm Ln, Miami, FL,33137 $20,000,000 6 7 6,334 15300 Sqft
600 NE 25th St #LPHE, Miami, FL,33137 $285,000 1 2 728 --

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2022 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 06/15/2024 @ 16:08

MLS: A11591451
LISTED BY: Elena Evstigneeva, Compass Florida, LLC.
SOURCE: SEFMIAMI
Buyer Agency Description: BBC: 2.5%, The offer of compensation is made only to participants of the MLS where the listing is filed.

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