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7905 Crespi Blvd

Miami Beach, FL 33141
  • $1,575,000
  • STATUS: Active Under Contract
  • ON SITE: 54 Days
  • MLS #: A11579853
Under Contract
UPDATED: 86 min ago
$1,575,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,946
    SQFT
  • $809
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1947
County:

School Ratings & Info

Description

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

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Copyright 2024, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2024-06-24T23:51:49.61.
www.pattyaccorto.com/homes/150105790
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7905 Crespi Blvd Miami Beach, FL 33141

  • Price: $1,575,000
  • Status: Active Under Contract
  • On Site: 54 Days
  • Updated: 86 min ago
  • MLS #: A11579853
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1,946
SQFT
$809
$/SQFT
1947
Built
Neighborhood:
Biscayne Bch Sub
County:
Miami-Dade
Area:
Biscayne Bch Sub
Property Description
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
Exterior Features

Architectural Style Attached Construction Materials CBS Construction Frontage Length 50 Inclusions Unrestricted Salt Water Access Lot Features Less Than 1/4 Acre Lot Parking Total 0 Patio And Porch Features Deck Pool Private YN No Roof Barrel RoofCurved/S-Tile Roof View YN No Waterfront Features Canal Front Waterfront YN Yes

Interior Features

Adjusted Square Footage 1958 Building Area Total 1970 Cooling Ceiling Fan(s)Wall/Window Unit(s) Flooring Tile Heating Other Heating YN Yes Stories 1

Property Features

Association YN No Building Name BISCAYNE BCH SUB Cooling YN Yes Documents Available Investment AnalysisCopy Of Lease(S)Rent Rolls Horse YN No Listing Terms All CashConventional New Construction YN No Property Sub Type Duplex Public Survey Section 2 Rent Includes GardenerSewerTrash CollectionWater Sewer Public Sewer Structure Type Duplex Tax Annual Amount 11046 Tax Year 2023 Type Of Association None Year Built Details Effective Year Built Zoning 3900

Listing courtesy of Miami Residential Group: .


Copyright 2024, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2024-06-24T23:51:49.61.
 
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