Thank you
Cuindney Mantilla
Miami Residential Group
305-647-2663
Amazing opportunity to own a waterfront duplex plus a studio in non-gated Biscayne Point. CAP Rate 3%. The lot is 5,750 Sqft with the option to buy the fourplex next to it located at 7885 Crespi and combine the two lots for total of 11,500 Sqft. You may renovate and increase the rents; or rebuild to increase the amount of units up to 15-22 combining 7885-7905 Crespi Blvd lots. The property consists of three units of 2 two bedrooms-two bathrooms and a studio in the back. Monthly income of $4,095 with potential to increase to $6,400. All the leases are month to month. This property already passed the 40 year inspection in 2019. 50% seller financing at 10% interest
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Roof : Barrel,SpanishTile
Barrel,SpanishTile
Tile
Heating: Other
Has Cooling: Yes
Cooling: CeilingFans,WallWindowUnits
Water front: 1
Year Built: 1947
Building Area Total: 1970
Construction Materials : Block
Stories : 1
Frontage Length : 50
Patio And Porch Features : Deck
Pool Features : None
Private Pool : No
Water front Features : CanalFront
Exterior Features : Deck
Lot Description: Item14Acre
Subdivision: BISCAYNE BCH SUB
Source Property Type: ResidentialIncome
Postal Code Plus 4: 1812
Zoning Description: 3900
Property SubType: Duplex
Levels: One
Property Age: 77
Original List Price: $1600000
Original List Price: $1600000
Cash,Conventional
Parcel Number: 02-32-02-008-2380
Tax Year: 2023
Annual Tax: $11046
Tax Legal Desc: BISCAYNE BEACH SUB PB 44-67 LOT 24 BLK 10 LOT SIZE 50.000 X 115 OR 18799-1693 09 1999 1 COC 24117-4060 12 2005 6
CableAvailable
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
6801 Collins Ave #C1115, Miami Beach, FL,33141 | $660,000 | 1 | 1 | 662 | -- |
6445 Indian Creek Dr #B16, Miami Beach, FL,33141 | $275,000 | 1 | 2 | 740 | -- |
300 N Shore Dr, Miami Beach, FL,33141 | $1,995,000 | 4 | 5 | 2,740 | 8508 Sqft |
900 Bay Dr #125, Miami Beach, FL,33141 | $585,000 | 2 | 2 | 1,520 | -- |
7440 Harding Ave #503, Miami Beach, FL,33141 | $395,000 | 1 | 2 | 765 | -- |
6969 Collins Ave #1102, Miami Beach, FL,33141 | $295,000 | 1 | 1 | 532 | -- |
6800 Indian Creek Dr #PH2, Miami Beach, FL,33141 | $5,500,000 | 3 | 4 | 2,278 | -- |
6770 Indian Creek Dr #c.., Miami Beach, FL,33141 | $250,000 | -- | -- | -- | -- |
6365 Collins Ave #806, Miami Beach, FL,33141 | $750,000 | 1 | 2 | 808 | -- |
6365 Collins Ave #1711, Miami Beach, FL,33141 | $760,000 | 1 | 2 | 808 | -- |
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ByOwner last updated this listing 05/18/2024 @ 19:12
MLS: A11579853
LISTED BY: Cuindney Mantilla, Miami Residential Group
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.