$870,000
$869,000
0.1%For more information regarding the value of a property, please contact us for a free consultation.
2,498 SqFt
SOLD DATE : 11/06/2024
Key Details
Sold Price $870,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,498 sqft
Price per Sqft $348
Subdivision East Shenandoah
MLS Listing ID A11657253
Sold Date 11/06/24
Construction Status Resale
HOA Y/N No
Year Built 1940
Annual Tax Amount $10,165
Tax Year 2023
Contingent No Contingencies
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
Financing Cash
Special Listing Condition Listed As-Is
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Keller Williams Capital Realty
"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "