3499 SW 1st Ave Miami FL 33145 MLS #A11657253

3499 SW 1st Ave
Miami, FL, 33145
$999,000
Beds
0 Baths
2,698 SqFt
0 Acres
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Multi-Family Opportunity in The Roads! Keep as a rental with $8,000 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 unit with a private backyard, offering potential for expansion & currently rented for $3,000, well below market value. The front house features a 2 bed/1 bath main unit plus an attached 1 bed/1 bath studio, rented for $2,800 & $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, this property offers tremendous potential.

Property Details

Price:
$999,000
MLS #:
A11657253
Status:
Active Under Contract
Beds:
0
Baths:
0
Address:
3499 SW 1st Ave
Type:
Multi Family
Subtype:
Triplex
Subdivision:
EAST SHENANDOAH,THE ROADS
Neighborhood:
East Shenandoah
City:
Miami
Listed Date:
Sep 13, 2024
State:
FL
Finished Sq Ft:
2,698
Total Sq Ft:
2,698
ZIP:
33145
Year Built:
1940
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CENTURY 21 Carioti is a full service real estate company servicing the State of Florida with a headquarters in Orlando, FL.

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Schools

Interior

Cooling
Central Air
Flooring
Ceramic Floor
Heating
Central

Exterior

Architectural Style
Detached
Parking Spots
5
Roof
Barrel Roof

Financial

Tax Year
2023
Taxes
$10,165

Map

Community

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