Closed

East Shenandoah, 3499 SW 1st Ave, Miami, FL 33145

$870,000Price
2,498SqFt

Save

Details

Save

Status:
Sold - Nov 06, 2024
Size: 2,498 SqFt (232 m2)
Price: $348/SqFt ($3,749/m2)
Type: Multi Family
Built: 1940
MLS Number: A11657253
On Site: 322 Days
Updated: 267 Days ago
Page Views: 0
2 detached buildings in the roads area (one behind the other)! Keep as rentals with $7,500 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 house with a private backyard, offering potential for expansion & market rental income of $3,500/month. The front house features a 2 bed/1 bath main unit plus an attached 1 bed/1 bath studio, currently rented for $2,700 & $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.
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Central
        • Cooling Description: CentralAir
        Building and Construction
        • Floor Description: CeramicTile
        • Year Built: 1940
        • Year Built Description: Resale
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2024-09-13T15:35:22.000-00:00
          Taxes, Fees & More
          • Taxes: 10165

          Price History

          11/06/2024

          Date

          Sold

          Event

          $870K

          Price

          0.12%

          Change Rate

          $348 ft2 / $3,749 m2

          Price Per

          10/15/2024

          Date

          Price Increased

          Event

          $869K

          Price

          2.36%

          Change Rate

          $348 ft2 / $3,745 m2

          Price Per

          10/15/2024

          Date

          Price Reduced

          Event

          $849K

          Price

          -15.02%

          Change Rate

          $340 ft2 / $3,658 m2

          Price Per

          09/18/2024

          Date

          Listed

          Event

          $999K

          Price

          $400 ft2 / $4,305 m2

          Price Per

          Price per square foot and days on website are not provided values and are calculated by Subdivisions.

          Listed by Jason SmithKeller Williams Capital Realty • Buyer Agency Compensation .

          Instant Comps

          $200/ft²
          $400/ft²
          $700/ft²
          $1,000/ft²

          Unit 3499 SW 1st Ave – Asking

          $348/ft²

          (-48%) from Closed Medium $/ft²

          Closed Medium $/ft²

          $667/ft²
          Community $/Price Range (Closed) $343/ft² – $835/ft²
          No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
          THINKING OF SELLING IN East Shenandoah at Miami?

          Request a Comparative Market Analysis (CMA), It's free and comes with no obligation.

          Miami
          High-End Homes & Condos

          Logo

          The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

          Copyright © 2025 Subdivisions.com • All Rights Reserved • Made with ❤ in Miami, Florida.