Closed

Biscayne Beach, 7885 Crespi Blvd Miami Beach, FL 33141

1,575,000(-4.76% )
$1,500,000Price
2,700SqFt

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Details

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Status:
Sold
Size: 2,700 ft2 / 251 m2
Price: $556 ft2 / $5,980 m2
Type: Multi Family
Built: 1948
MLS Number: A11566068
On Site: 373 Days
Updated: 287 Days ago
Page Views: 0
Waterfront fourplex in biscayne point. The lot is 5,750 sqft with the option to buy the fourplex next to it at 7885 crespi and combine the two lots for total of 11,500 sqft. 100 ft waterfront combined (docks are permitted per miami dade county regulations) zoning: rm-1.these 2 buildings are designated as “non contributing” which allows demolition thru a public hearing process (4 months).(this zoning overlay grants a parking requirement waiver. Density: 60 units/acre: 15 units. The property consists of 4 units total two units of 2/1, and 2 units of 1/1. Leases are month to month. This property already passed the 40 year in 2019. 50% seller financing at 10% interest. If you are financing there is no financial contingency

Features

Bedrooms
Bathrooms
Exterior and Lot Features

Price History

07/03/2024

Date

Sold

Event

$1.5M

Price

-4.76%

Change Rate

$556 ft2 / $5,980 m2

Price Per

05/30/2024

Date

Price Reduced

Event

$1.6M

Price

-1.56%

Change Rate

$583 ft2 / $6,279 m2

Price Per

04/30/2024

Date

Price Reduced

Event

$1.6M

Price

-3.03%

Change Rate

$593 ft2 / $6,379 m2

Price Per

04/09/2024

Date

Listed

Event

$1.7M

Price

$611 ft2 / $6,578 m2

Price Per

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

Listed by Cuindney MantillaMiami Residential Group • Buyer Agency Compensation .

Instant Comparative Market Analysis

$100/ft²
$800/ft²
$1,600/ft²
$2,400/ft²

Unit 7885 Crespi Blvd – Asking

$556/ft²

(+31%) from Closed Avg. $/ft²

Closed Avg. $/ft²

$423/ft²
Community $/Price Range (Closed) $190/ft² – $2282/ft²
UnitBed/BathSize SqFt$/SqFtExposureViewSoldClosed Date
# 204/62,692$423EastCanal$1,137,5004/18/2024
# 214/62,692$423EastCanal$1,137,5004/18/2024
Unit: # 20
Bed/Bath: 4/6Size SqFt: 2,692$/SqFt: $423Exposure: EastView: CanalSold: $1,137,500Closed Date: 4/18/2024
Unit: # 21
Bed/Bath: 4/6Size SqFt: 2,692$/SqFt: $423Exposure: EastView: CanalSold: $1,137,500Closed Date: 4/18/2024
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