3499 SW 1st Ave Active Save Request In-Person Tour Request Virtual Tour
Miami,FL 33145
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,498 sqft
Price per Sqft $347
Subdivision East Shenandoah
MLS Listing ID A11657253
Construction Status Resale
HOA Y/N No
Year Built 1940
Annual Tax Amount $10,165
Tax Year 2023
Property 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.
Location
State FL
County Miami-dade
Community East Shenandoah
Area 41
Interior
Heating Central
Cooling Central Air
Flooring Ceramic Tile
Exterior
Pool None
Utilities Available Cable Available
Waterfront No
Roof Type Barrel
Total Parking Spaces 5
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Block
Construction Status Resale
Others
Tax ID 01-41-39-007-0200
Acceptable Financing Cash,Other
Listing Terms Cash,Other
Special Listing Condition Listed As-Is