Land in Miami Beach, FL 33141
Biscayne Beach, 7905 Crespi Blvd

Own in Biscayne Beach?

Overview Features True Comps Price History Payment Location Similar Homes

Own in Biscayne Beach?

OFF MARKET

$1,650,000

Estimate Payment $9,264 Closing Costs

Beds

0.13

Acre

$12,692,308

$/Acre

0.13 AcresLot Size

$12,692,308/AcrePrice per acre

CanalView

YesWaterfront

Amazing opportunity to own a waterfront duplex plus a studio in non-gated Biscayne Point. The lot is 5,750 Sqft with the option to buy the fourplex next to it located at 7885 Crespi and combine the two lots for total of 11,500 Sqft. You may renovate and increase the rents; or rebuild to increase the amount of units up to 15 combining 7885-7905 Crespi Blvd lots. The property consists of three units of 2 two bedrooms-two bathrooms and a studio in the back. Monthly income of $4,095 with potential to increase to $6,400. All the leases are month to month. This property already passed the 40 year inspection in 2019.

Listing Courtesy Of: Miami Residential Group

Local Realty Services Provided By: Best of Luxury Realty

On Site: 937 DaysUpdated: 936 Days agoPage Views: 0

All features

Property SqFt: 5750
Remarks: Amazing opportunity to own a waterfront duplex plus a studio in non-gated Biscayne Point. The lot is 5, 750 Sqft with the option to buy the fourplex next to it located at 7885 Crespi and combine the two lots for total of 11, 500 Sqft. You may renovate and increase the rents; or rebuild to increase the amount of units up to 15 combining 7885-7905 Crespi Blvd lots. The property consists of three units of 2 two bedrooms-two bathrooms and a studio in the back. Monthly income of $4, 095 with potential to increase to $6, 400. All the leases are month to month. This property already passed the 40 year inspection in 2019.
Internet Remarks: Amazing opportunity to own a waterfront duplex plus a studio in non-gated Biscayne Point. The lot is 5, 750 Sqft with the option to buy the fourplex next to it located at 7885 Crespi and combine the two lots for total of 11, 500 Sqft. You may renovate and increase the rents; or rebuild to increase the amount of units up to 15 combining 7885-7905 Crespi Blvd lots. The property consists of three units of 2 two bedrooms-two bathrooms and a studio in the back. Monthly income of $4, 095 with potential to increase to $6, 400. All the leases are month to month. This property already passed the 40 year inspection in 2019.
View: Canal
Waterfront: Yes
Days on Market: 1
Office Name: Miami Residential Group
Area: 5750
Taxes: 11046
Tax Year: 2023
Listing Date: 2024-04-09T12:17:57.000-00:00
Lot Size Square Feet: 5750