$1,500,000
SOLD JUL 3, 2024
-- Bed
-- Bath
2,700 Sq Ft
1948 Built

Recently Sold

$556 Per Sq Ft

9% Below List Price

84 Days on Market

Highlights

  • Home fronts a canal
  • Cooling System Mounted To A Wall/Window
  • No Heating
  • No HOA
  • Ceramic Tile Flooring
  • 1-minute walk to Crespi Park

About This Home

As of July 2024

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

Last Agent to Sell the Property

Cuinndney Mantilla

Miami Residential Group License #3325552 Listed on: 04/09/2024

Last Buyer's Agent

Ryelee Lebowitz

The Inside Network License #3454507

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,537

Year Built

  • Built in 1948

Lot Details

  • 50 Ft Wide Lot
  • Home fronts a canal

Home Design

  • Quadruplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,700 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Outdoor Features

  • Fixed Bridges

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Community Details

  • No Home Owners Association
  • 4 Units
  • Biscayne Bch Sub Condos
  • Biscayne Bch Sub Subdivision

Listing and Financial Details

  • Rent includes gardener, pest control, sewer, trash collection, water
  • Assessor Parcel Number 02-32-02-008-2390

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,537

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1948
  • Property Sub Type: Quadruplex
  • Architectural Style: Attached
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: BISCAYNE BCH SUB
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor
  • Living Area: 2700
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront Features: Canal Front, Fixed Bridge(S)
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: BISCAYNE BCH SUB

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 02-32-02-008-2390
  • Zoning: 3900
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Pest Control, Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 13537

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 For Sale $1,700,000 +13.3% $630 / Sq Ft
07/03/2024 07/03/24 Sold $1,500,000 -4.8% $556 / Sq Ft
05/30/2024 05/30/24 Price Changed $1,575,000 -1.6% $583 / Sq Ft
04/30/2024 04/30/24 Price Changed $1,600,000 -3.0% $593 / Sq Ft
04/09/2024 04/09/24 For Sale $1,650,000 +685.7% $611 / Sq Ft
08/07/2012 08/07/12 Sold $210,000 -15.7% $82 / Sq Ft
08/25/2011 08/25/11 Pending -- -- --
08/25/2011 08/25/11 For Sale $249,000 -- $97 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11566068

MIAMI REALTORS® MLS