Miami, FL 33145,3499 SW 1st Ave
Miami, FL 33145,3499 SW 1st Ave
Miami, FL 33145,3499 SW 1st Ave
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$869,000
Est. payment /mo
2,498 SqFt

UPDATED:

10/24/2024 01:42 PM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active Under Contract

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

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

Special Listing Condition Listed As-Is


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Listed by Keller Williams Capital Realty

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Milton Knight, CRS

+1(786) 917-3337

Principal Real Estate Broker | License ID: 0663675

Principal Real Estate Broker License ID: 0663675

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