Miami, FL 33161
Property Type
Duplex
Central AC
Yes
Year Built
1937
Listing courtesy of Michael Marks of Keller Williams Eagle Realty.
ARV 700k+. PRIME DUPLEX-ZONED DEVELOPMENT OPPORTUNITY – NE MIAMI. 7500 sq ft lot ready for 2 story duplex. Picture is an artist’s rendering of what is possible only. Plans available. Currently a 2/1 single family home in poor condition. Exceptional investment opportunity in a highly desirable Northeast Miami neighborhood, just four blocks from Biscayne Blvd and minutes from Sans Souci Estates, Keystone Point & Marina. Centrally located near Bal Harbour Shops, beaches, Whole Foods, Publix, pharmacies, restaurants, cafés, gyms. This property offers both immediate value and long-term upside. The 7,500 SF lot is zoned for duplex development, ideal for a build-to-rent, or build-to-sell strategy, with ample space for outdoor living areas such as Patios, Pergolas, Outdoor Kitchens, Pools, and on-site Parking. A rare opportunity in an area with limited available land and strong rental demand. As an added value, the property has an existing 2-bedroom / 1-bath vintage residence at the front of the lot which, with few upgrades, could generate holding income during the planning and permitting process, offering flexibility and cash flow while redevelopment plans move forward. **Need help visualizing the possibilities? CONCEPTUAL DESIGN ASSISTANCE is available to qualified buyers**
Miami
A11957545
808 Sqft
Duplex
1937
Block, Frame, Stucco
1
One
1937
5700
florida
Yes - Central Air
Hardwood, Wood
Yes - Central
Public
Total$1,939.57/Month
*The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.
Information is deemed reliable but is not guaranteed and should be independently verified.