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

Overview Features True Comps Price History Payment Location Similar Homes

OFF MARKET

$1,650,000

Estimate Payment

0.13

Acre

Status

OFF MARKETExpired

Size

0.13 Acres (534 m²)

Price

$12,692,308/Acre ($3,089/m²)

Type

Land

MLS Number

A11566099

View

Canal

On Site

889 Days

Updated

887 Days ago

Page Views

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.

Features

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

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Price History

Date

Event

Price

Change

Price Per

04/09/2024

Listed

$1.7M

$287 ft²

$3,089 m²

04/09/2024

$1.7M

Event

Listed

Price Per

$287 ft²

$3,089 m²

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

Listed by Cuindney Mantilla • Miami Residential Group • Buyer Agency Compensation .

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Scores

Walk Score^®

Car-Dependent. Almost all errands require a car

100

Transit Score^®

Some Transit. A few nearby public transportation options

100

Bike Score^®

Somewhat Bikeable. Minimal bike infrastructure

100

Sound Score^®

Bearable noise

100

Airport Score

Close to airports. Noticeable airport activity

100

Traffic Score

Congested area. Frequent traffic delays

100

Local Score

Limited local amenities nearby

100

2 – 5 BR

Bedrooms

$699K – $12.9M

Price Tier

657 - 10,728

SqFt Range

1950

Year Build

Total Floors

491

Total Units

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