Biscayne Beach, 7885 Crespi Blvd

$1.5M1.7%
$1,450,000
6
Beds
4
Baths
2,700
SqFt
Status
OFF MARKETExpired
Parking
No info
Size
2,700 SqFt (251 m2)
Price
$537/SqFt ($5,781/m2)
Type
House
Built
1948
HOA
N/A
MLS Number
A11221588
View
Canal
On Site
1551 Days
Updated
1412 Days ago
Page Views
0
Amazing opportunity to own a water front fourplex in Biscayne Point. The lot is 5,750 SQFT with the option to buy the duplex next door to it at 7905 Crespi and combine the two lots for a total of 11,500 Sqft. You may renovate and increase the rents; or rebuild to increase the number of units up to 15 combining 7885-7905 Crespi Blvd lots. The property consists of four units of two bedrooms - one bathroom and 2 units of one bedroom - one bathroom. Monthly income of $6,250 with potential to increse to $9,600. All the leases are month to month. This property already passed the 40 year recertification inspection in 2019

Features

Bedrooms
  • Bedrooms: 6
Bathrooms
  • Bathrooms: 4
  • Half Bathrooms: No info
Exterior and Lot Features
  • View: Canal
Interior, Heating and Cooling
  • Interior Features: Other
  • Equipment / Appliances: ElectricRange, Refrigerator
  • Heating Description: Other
  • Cooling Description: WallWindowUnits
Building and Construction
  • Floor Description: CeramicTile
  • Year Built: 1948
  • Year Built Description: Resale
  • Style: Detached,OneStory
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
    Other Property Info
    • Garage: No info
    • Listing Date: 2022-06-16T13:26:16.047-00:00
    • Directions: East
    Taxes, Fees & More
    • Taxes: 12721
    • Parking Description: None

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    Price History

    Current
    $1.5M
    High
    $1.5M
    Low
    $1.5M
    Total Change
    -1.7%
    $1.5M$1.5M$1.4MJun 22Jul 22Sep 22
    Date
    Event
    Price
    Change
    Price Per
    09/15/2022
    Price Reduced
    $1.5M
    -3.01%
    $537 ft2
    $5,781 m2
    07/26/2022
    Price Increased
    $1.5M
    1.36%
    $554 ft2
    $5,960 m2
    06/13/2022
    Listed
    $1.5M
     
    $546 ft2
    $5,880 m2
    09/15/2022
    $1.5M
    Event
    Price Reduced
    Change
    -3.01%
    Price Per
    $537 ft2
    $5,781 m2
    07/26/2022
    $1.5M
    Event
    Price Increased
    Change
    1.36%
    Price Per
    $554 ft2
    $5,960 m2
    06/13/2022
    $1.5M
    Event
    Listed
    Price Per
    $546 ft2
    $5,880 m2
    Price per square foot and days on website are not provided values and are calculated by Subdivisions.
    Listed by Cuindney Mantilla • GSM International Realty Corp • Buyer Agency Compensation .

    Listing Location & Street View
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    Scores

    Walk Score®
    Car-Dependent. Almost all errands require a car
    23

    100
    Transit Score®
    Some Transit. A few nearby public transportation options
    40

    100
    Bike Score®
    Somewhat Bikeable. Minimal bike infrastructure
    43

    100
    Sound Score®
    Bearable noise
    82

    100
    Airport Score
    Close to airports. Noticeable airport activity
    0

    100
    Traffic Score
    Congested area. Frequent traffic delays
    24

    100
    Local Score
    Limited local amenities nearby
    0

    100
    Community Snapshot
    2 – 5 BR
    Bedrooms
    $699K – $12.9M
    Price Tier
    657 - 10,728
    SqFt Range
    1950
    Year Build
    2
    Total Floors
    491
    Total Units

    Miami Beach
    Mid-Tier
    Mid-Tier Homes & Condos