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

$999K12.9%
$870,000
2,498
SqFt
Status
Sold - Nov 06, 2024
Size
2,498 SqFt (232 m2)
Price
$348/SqFt ($3,749/m2)
Type
Multifamily
Built
1940
MLS Number
A11657253
On Site
732 Days
Updated
18 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

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          Price History

          Current
          $870K
          High
          $999K
          Low
          $849K
          Total Change
          -12.9%
          $1M$924K$831KSep 24Oct 24Oct 24Nov 24
          Date
          Event
          Price
          Change
          Price Per
          11/06/2024
          Sold
          $870K
          0.12%
          $348 ft2
          $3,749 m2
          10/15/2024
          Price Increased
          $869K
          2.36%
          $348 ft2
          $3,745 m2
          10/15/2024
          Price Reduced
          $849K
          -15.02%
          $340 ft2
          $3,658 m2
          09/18/2024
          Listed
          $999K
           
          $400 ft2
          $4,305 m2
          11/06/2024
          $870K
          Event
          Sold
          Change
          0.12%
          Price Per
          $348 ft2
          $3,749 m2
          10/15/2024
          $869K
          Event
          Price Increased
          Change
          2.36%
          Price Per
          $348 ft2
          $3,745 m2
          10/15/2024
          $849K
          Event
          Price Reduced
          Change
          -15.02%
          Price Per
          $340 ft2
          $3,658 m2
          09/18/2024
          $999K
          Event
          Listed
          Price Per
          $400 ft2
          $4,305 m2
          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 .

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          Scores

          Walk Score®
          Very Walkable. Most errands can be accomplished on foot
          74

          100
          Transit Score®
          Good Transit. Many nearby public transportation options
          60

          100
          Bike Score®
          Very Bikeable. Biking is convenient for most trips
          77

          100
          Sound Score®
          Very loud
          60

          100
          Airport Score
          Close to airports. Noticeable airport activity
          0

          100
          Traffic Score
          Heavy traffic at peak hours
          52

          100
          Local Score
          Limited local amenities nearby
          1

          100
          Community Snapshot
          4 – 4 BR
          Bedrooms
          $2.3M – $2.4M
          Price Tier
          425 - 5,284
          SqFt Range
          1947
          Year Build
          2
          Total Floors

          Subdivision Amenities

          Pool

          Miami
          Mid-Tier
          Mid-Tier Homes & Condos