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7905 Crespi Blvd, Miami Beach FL 33141

Multi-family For Sale
$1,600,000

BTC: 23.89194034

ETH: 512.89777627

15 days
Waterfront
0 room(s)
1,946 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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

Location

Florida • Miami Beach • 33141 • Multi-family • For Sale • Waterfront

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1947
Lot:
No Data
Heating:
Other
Price/sqft:
$822
Cooling:
Ceiling Fan(s) / Wall/Window Unit(s)
HOA:
No Data
All facts and features

  • Flooring

    • Tile

    Heating

    • Other

    Cooling

    • Ceiling Fan(s)

    • Wall/Window Unit(s)

  • Other Property Information

    • Parcel Number: 02-32-02-008-2380

    • Zoning: 3900

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Other financial information

    • Annual tax amount: $11,046

  • Source details

    • MLS ID: A11579853

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Patio And Porch Features: Deck

    • Architectural Style: Attached

    • Waterfront: Yes

    • Living Area: 1946

    • Subdivision Name: BISCAYNE BCH SUB

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Miami Residential Group