Bayshore, 549 NE 59th St

$2M0.3%
$1,990,000
0.24
Acre
Status
OFF MARKETExpired
Size
0.24 Acres (975 m2)
Price
$8,291,667/Acre ($2,040/m2)
Type
Land
MLS Number
A11459435
On Site
1084 Days
Updated
1084 Days ago
Page Views
0
Introducing the last remaining estate to be renovated on the 500 block of highly sought after Morningside's coveted NE 59th Street with direct views of the bay at the end of the street. This architectural treasure is being offered "shovel ready" with an issued building permit ready to execute immediately upon closing. Better than turnkey, one is able to build nearly 5,000 SF of usable area into what could be one of the neighborhood's most beautiful homes. This home originally built in 1926 is Morningside's first home. Once built, based on recent closed and active sales in the community, it is believed that its delivered value as of today would be $6mm+. Construction is anticipated at $2.2mm per most recent figures from the GC to deliver an absolutely top of the line design and finish.

Features

All features
  • Property SqFt: 10500
  • Remarks: Introducing the last remaining estate to be renovated on the 500 block of highly sought after Morningside's coveted NE 59th Street with direct views of the bay at the end of the street. This architectural treasure is being offered "shovel ready" with an issued building permit ready to execute immediately upon closing. Better than turnkey, one is able to build nearly 5, 000 SF of usable area into what could be one of the neighborhood's most beautiful homes. This home originally built in 1926 is Morningside's first home. Once built, based on recent closed and active sales in the community, it is believed that its delivered value as of today would be $6mm+. Construction is anticipated at $2.2mm per most recent figures from the GC to deliver an absolutely top of the line design and finish.
  • Internet Remarks: Introducing the last remaining estate to be renovated on the 500 block of highly sought after Morningside's coveted NE 59th Street with direct views of the bay at the end of the street. This architectural treasure is being offered "shovel ready" with an issued building permit ready to execute immediately upon closing. Better than turnkey, one is able to build nearly 5, 000 SF of usable area into what could be one of the neighborhood's most beautiful homes. This home originally built in 1926 is Morningside's first home. Once built, based on recent closed and active sales in the community, it is believed that its delivered value as of today would be $6mm+. Construction is anticipated at $2.2mm per most recent figures from the GC to deliver an absolutely top of the line design and finish.
  • Waterfront: No info
  • Directions: South
  • Days on Market: No info
  • Compass Point: NE
  • Office Name: The Corcoran Group
  • Area: 10500
  • Taxes: 18482
  • Tax Year: 2022
  • Listing Date: 2023-09-26T19:48:34.000-00:00
  • Lot Size Square Feet: 10500

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Price History

Current
$2M
High
$2M
Low
$2M
Total Change
-0.3%
$2M$2M$2MSep 23Sep 23
Date
Event
Price
Change
Price Per
09/26/2023
Price Reduced
$2M
-0.25%
$190 ft2
$2,040 m2
09/26/2023
Listed
$2M
 
$190 ft2
$2,045 m2
09/26/2023
$2M
Event
Price Reduced
Change
-0.25%
Price Per
$190 ft2
$2,040 m2
09/26/2023
$2M
Event
Listed
Price Per
$190 ft2
$2,045 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Cyril BijaouiThe Corcoran Group • Buyer Agency Compensation .

Listing Location & Street View
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Scores

Walk Score®
Very Walkable. Most errands can be accomplished on foot
85

100
Transit Score®
Some Transit. A few nearby public transportation options
49

100
Bike Score®
Bikeable. Some bike infrastructure
59

100
Sound Score®
Very loud
73

100
Airport Score
Close to airports. Noticeable airport activity
0

100
Traffic Score
Congested area. Frequent traffic delays
34

100
Local Score
Limited local amenities nearby
1

100
Community Snapshot
3 – 7 BR
Bedrooms
$880K – $8.2M
Price Tier
1,105 - 5,401
SqFt Range
1939
Year Build
1
Total Floors

Subdivision Amenities

Laundry
Maintenance

Miami
High-End
High-End Homes & Condos