3499 1st Ave
Miami, FL 33145

Property

Ownership: For Sale
Type: Unknown
Pets: Pets No
Area: 2498 sq ft

Financials

Price:$869,000
Annual Taxes:$10,165
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of Keller Williams Capital Realty

Description

2 Detached Buildings in The Roads area (one behind the other)! Keep as rentals with $7,500 monthly income until you're ready to build (2) Luxury Townhomes. Recent comps for townhomes are $2 million each! The numbers work! Sell out is almost 4X the purchase price! The property boasts a detached 2 bed/2 bath back house with a private backyard, offering potential for expansion & market rental income of $3,500/month. The front house features a 2 bed/1 bath main unit plus an attached 1 bed/1 bath studio, currently rented for $2,700 & $1,300 respectively. Both units have updated bathrooms, soundproof windows/doors & hurricane-proofing. Separate electric & water meters. Located near major highways & prestigious neighborhoods like Vizcaya, Coconut Grove & Brickell.

Amenities

  • CableAvailable
  • LessThanQuarterAcre

2 Detached Buildings in The Roads area one behind the other !


All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.