7885 Crespi Blvd, Miami Beach, FL 33141

For Sale $1,475,000

Description

Amazing opportunity to own a water front fourplex in Biscayne Point. The lot is 5,750 SQFT with the option to buy the duplex next to it 7905 Crespi and combine the two lots for a total of 11,500 Sqft. You may renovate and increase the rents; or rebuild to increase the number of units up to 16 combining 7885-7905 Crespi Blvd lots. The property consists of four units of two bedrooms - one bathroom and 2 units of one bedroom - one bathroom. Monthly income of $5,800. Earn money as permits are being approved by the city. All the leases are month to month. This property already passed the 40 year in 2019

7885 Crespi Blvd, Miami Beach, Fl 33141 | Floor Plans

  • Days On Market:
    7
    Listed:
    Jun 16, 2022
  • Size:
    2700 ft2 (251m2)
    Rooms:
    6
  • Bathrooms:
    4
    Baths Half:
    0
  • Last Modification:
    2 weeks ago
     

Property Taxes and Assessment

  • Annual Tax
    $12,721
  • Tax Year
    2021
  • Maintenance Fee
    N/A
  • Association Fee
    N/A
  • Terms
    Cash, Conventional, FHA-Va Approved

Property Features

Facts and features
Views
  • Canal
    WF/Ocean Access
    Canal Front
    Canal Width 1-80 Feet
  • Appliances
  • Electric Range
    Refrigerator
  • Parking
  • None
  • Other Facts
    Cooling
  • Wall/Window Unit(s)
  • Flooring
  • Ceramic Floor
  • Roof
  • Shingle
  • Water Source
  • Municipal Water
  • Sewer
  • Public Sewer
  • Amenities
    Architectural Style
  • Detached
    One Story
  • Construction Materials
  • CBS Construction
  • Structure Type
  • House
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