3499 1st Ave ,Detached, Triplex, East Shenandoah for Sale

3499 1st Ave for Sale

Price $999,000.00

  • Lot size 2698
  • Year Build 1940
  • Waterfront
  • Zip 33145
  • Style Detached
  • Parking Description
  • Pool Yes
  • Status Active
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Description

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.

For Showings, please text or call Nery Deza at (305) 519-7131 mobile. For Offers, please send to Jason Smith at Jason@JasonSmithShowcase.com. Text Zairel at 786-490-7744 for the Buyer Agent amount being offered by Seller.

EAST SHENANDOAH PB 14-55 LOTS 46 & 47 BLK 47 LOT SIZE 50.000 X 150 OR 11011-1525 0281 1 COC 25620-3227 05 2007 1

Less Than 1/4 Acre Lot

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.

City:Miami,Model:THE ROADS,Zoning:5700,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2023,Latitude:25.7486588,Cooling Y N:1,Heating Y N:1,List Price:999000,Listing Id:A11657253,Longitude:-80.215364,Mls Status:Active,Year Built:1940,Living Area:2498,Postal Code:33145,Street Name:1st Ave,Coordinates:1:25.7486588,Photos Count:26,Builder Model:THE ROADS,Building Name:EAST SHENANDOAH,Days On Market:5,Lot Size Units:Square Feet,M I A M I R E_ Area:41,M L S Area Major:East Shenandoah,On Market Date:2024-09-13,Parcel Number:01-41-39-007-0200,Parking Total:5,Property Type:Residential Income,Rent Includes:1:Trash Collection,Stories Total:1,Street Number:3499,M I A M I R E_ Style:Triplex,Public Remarks: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.,County Or Parish:Miami-Dade County,List Office Name:Keller Williams Capital Realty,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Postal Code Plus4:3903,Property Sub Type:Triplex,State Or Province:FL,Street Dir Prefix:SW,Subdivision Name:EAST SHENANDOAH,THE ROADS,Tax Annual Amount:10165,Unparsed Address:3499 SW 1st Ave, Miami FL 33145,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:2698,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:399.9199,Original List Price:1150000,Previous List Price:1150000,Public Survey Range:41,I D X Participation Y N:1,Syndication Remarks: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.,Listing Contract Date:2024-09-13,Originating System I D:miamire,Public Survey Section:39,Showing Instructions:See Broker Remarks,Street Number Numeric:3499,Tax Legal Description:EAST SHENANDOAH PB 14-55 LOTS 46 & 47 BLK 47 LOT SIZE 50.000 X 150 OR 11011-1525 0281 1 COC 25620-3227 05 2007 1,Public Survey Township:41,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:1470,M I A M I R E_ Internet Remarks:Massive Price Drop for Quick Sale! Perfect for first-time home buyers, investors & developers, this exceptional opportunity in the coveted area.,Contract Status Change Date:2024-09-13,Internet Address Display Y N:1,Number Of Units In Community:3,M I A M I R E_ Ok To Advertise List:Yes - Attribution NOT Required,Internet Entire Listing Display Y N:1,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:399.92,

  • Price $999,000.00
  • Price Change: 2024-09-18
  • Lot size sq. ft.
  • Price per sq.ft. $
  • Year Build 1940
  • Waterfront
  • View
  • Pool Yes
  • Style Detached
  • Construction
  • Parking Description
  • Flooring Type Ceramic Floor
  • Property Type Residential Income
  • Status Active
  • Listed 2024-09-18
  • Days on Market 26
  • Furnished
  • City Miami
  • Zip 33145
  • State Florida
  • Subdivision
  • Development Name EAST SHENANDOAH
  • HOA Fees
  • Taxes 10165
  • Taxes Year 2023