Courtesy of RE/MAX Advance Realty II.
Development Potential: approved plans: 4 units, each with 3 bedrooms and 2 bathrooms (1,600 sq ft per unit) Potential income $14,000 per month Maximum potential: (plans can be modified)to up to 12 units . Additional Considerations: Appreciation: Plans include 8 parking spaces, which may need to be increased if the number of units is maximized. Rental market: Research the local rental market to determine demand for 3/2 units and potential rental rates. Overall, this property offers significant potential for investors looking to capitalize on the growing demand for multifamily housing. Current State: Main house: 4 bedrooms, 3 bathrooms (potential rental income) Efficiency unit: 1 bedroom, 1 bathroom Land: 13,127 sq ft corner lot
Development Potential: approved plans: 4 units, each with 3 bedrooms and 2 bathrooms (1,600 sq ft per unit) Potential income $14,000 per month Maximum potential: (plans can be modified)to up to 12 units . Additional Considerations: Appreciation: Plans include 8 parking spaces, which may need to be increased if the number of units is maximized. Rental market: Research the local rental market to determine demand for 3/2 units and potential rental rates. Overall, this property offers significant potential for investors looking to capitalize on the growing demand for multifamily housing. Current State: Main house: 4 bedrooms, 3 bathrooms (potential rental income) Efficiency unit: 1 bedroom, 1 bathroom Land: 13,127 sq ft corner lot
Residential
Single Family Residence
1952
--
--
0.3
Active
249
1,575 Sq. Ft.
13,127 Sq. Ft.
Location
- Breakfast Area, Formal Dining
- No
- First Floor Entry, Closet Cabinetry, Pantry, Attic, Family Room, Separate Guest\/In-Law Quarters, Utility Room\/Laundry
- Utility Room\/Laundry
- Circuit Breakers
- Central Air
- Central
- Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
- Tile
Ileana Rodriguez
RE/MAX Advance Realty II
Miami-Dade County
A11662830
Funding
Average List Price
$426,671
7%
Average Sale Price
$409,701
6%
Days on Market
69
28%
Homes Sold
78
33%
Median List Price
$330,000
37%
Median Sale Price
$310,000
31%
Sale/Price Ratio
96%
2%
Homes for Sale
147
29%
Nearby homes for sale
Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing Information © 2025 MIAMI and Miami REALTORS®. All Rights Reserved.
MLS Search Powered by Home Junction.