$515,000
$545,000
5.5%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
3 Baths
10,800 Sqft Lot
SOLD DATE : 02/19/2025
Key Details
Sold Price $515,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Subdivision 7Th Avenue Highlands
MLS Listing ID A11681255
Sold Date 02/19/25
Style Detached,One Story
Bedrooms 4
Full Baths 3
Construction Status Resale
HOA Y/N No
Year Built 1941
Annual Tax Amount $9,286
Tax Year 2023
Lot Size 10,800 Sqft
Property Sub-Type Single Family Residence
Property Description
HOT DEAL! INVESTOR/DEVELOPMENT OPPORTUNITY. 4/3 Single home family in a huge double lot of 10,800 SF with excellent potential. This is a PROPERTY, completely renovated and ready for rental with expected CAP rate of 9%. The land consists of two lots of 5,400 SF. each (Lot 20 & 21 BLK 12) zoned T3-O (open). Primary zone 5700 DUPLEXES–GENERAL. MIAMI 21 Affordable Housing Program also allows DOUBLE DENSITY development with the opportunity and flexibility to build up to 8 Units!! There are many options for development of this lot. Great location close to schools and shopping, within a few minutes to Wynwood, I-95, downtown Miami, beaches, and the airport.
Location
State FL
County Miami-dade
Community 7Th Avenue Highlands
Area 31
Interior
Interior Features Bedroom on Main Level, First Floor Entry, Other
Heating Central, Other
Cooling Central Air, Other
Flooring Ceramic Tile
Appliance Electric Range, Microwave, Refrigerator
Laundry Washer Hookup, Dryer Hookup
Exterior
Exterior Feature Fence, Lighting, Storm/Security Shutters
Garage Spaces 4.0
Pool None
View Other
Roof Type Shingle
Garage Yes
Private Pool No
Building
Lot Description < 1/4 Acre
Faces East
Story 1
Sewer Public Sewer
Water Public
Architectural Style Detached, One Story
Additional Building Guest House
Structure Type Block
Construction Status Resale
Others
Pets Allowed Conditional, Yes
Senior Community No
Tax ID 01-31-13-024-2290
Acceptable Financing Cash, Conventional, FHA, Other
Listing Terms Cash, Conventional, FHA, Other
Financing Cash
Pets Allowed Conditional, Yes
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