7905 Crespi Boulevard, Miami Beach, FL 33141

For Sale $1,475,000

Description

Amazing opportunity to own a waterfront duplex plus a studio in Biscayne Point. The lot is 5,750 SQFT with the option to buy the fourplex next to it at 7885 Crespi and combine the two lots for total of 11,500 Sqft. You may renovate and increase the rents; or rebuild to increase the amount of units up to 16 combining 7885-7905 Crespi Blvd lots. The property consists of three units of 2 two bedrooms-two bathrooms and a studio in the back. Monthly income of $4,095. 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. Buyer needs to cooperate with the seller's 1031 exchange.

7905 Crespi Boulevard, Miami Beach, Fl 33141 | Floor Plans

  • Days On Market:
    33
    Listed:
    Jun 16, 2022
  • Size:
    2003 ft2 (186m2)
    Rooms:
    4
  • Bathrooms:
    5
    Baths Half:
    0
  • Last Modification:
    2 weeks ago
     

Property Taxes and Assessment

  • Annual Tax
    $9,898
  • Tax Year
    2021
  • Maintenance Fee
    N/A
  • Association Fee
    N/A
  • Terms
    All Cash, Conventional, FHA-Va Approved

Property Features

Facts and features
Views
  • Canal
    Canal Front
  • Appliances
  • Electric Range
    Refrigerator
  • Parking
  • None
  • Other Facts
    Cooling
  • Wall/Window Unit(s)
  • Flooring
  • Ceramic Floor
    Vinyl
  • Roof
  • Curved/S-Tile Roof
  • Sewer
  • Public Sewer
  • Amenities
    Architectural Style
  • Detached
    One Story
  • Construction Materials
  • CBS Construction
  • Structure Type
  • R30-No Pool/No Water
    House
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