3499 Sw 1st Ave, Miami, FL 33145
- $999,000
- 2,498
- SqFt
- List Price
- $999,000
- Price Change
- ▼ $151,000 1726687584
- MLS
- A11657253
- Complex Name
- East Shenandoah
- Status
- ACTIVE
- Type
- Multifamily
- Living Area
- 2,498
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.
/t.realgeeks.media/resize/140x/https://u.realgeeks.media/anabenitez%252Fanabenitez.png)
Additional Information
- Days on Market
- 22
- Style
- Triplex
- #Parking Spaces
- 5
- Year Built
- 1940
- Development Name
- East Shenandoah, The Roads
- #Stories
- 1
- Section
- 39
Mortgage Calculator
Listing Courtesy of Keller Williams Capital Realty, Contact: