Asking Price is firm unfortunately. Situated on an expansive 10,800 SQ. FT. LOT (75 frontage) in Miamis rapidly transforming Buena Vista neighborhood, this property presents an exceptional opportunity for investors and developers looking to capitalize on the areas growing luxury residential market.The property features two separate structures. The rear structure is currently uninhabitable, while the existing two-story main residence is owner-occupied on the first floor. Four upstairs bedrooms are rented individually, generating a combined $2,400 in monthly rental income. 2 Mango & 2 Avocado trees line the west perimeter of the property. Classified as Single Family / Ancillary Unit, the property offers an exciting opportunity to reimagine the site with a luxury single-family residence, ancillary living quarters, swimming pool, outdoor entertainment areas, and additional recreational amenities. Newer luxury residences in the surrounding neighborhood have achieved sales prices exceeding $3 million, demonstrating the potential of this desirable location.Bring your architect, your contractor, and your vision. Opportunities to acquire a lot of this size in Buena Vista are increasingly compelling as the neighborhood continues to evolve.Property sold AS-IS. Seller requests 60-day post-closing occupancy. Buyer to independently verify zoning, permitted uses, development potential, existing improvements, and all property information.
Listed By
Agency Name: Real Estate Sales Force
Agency Phone: 305-392-1497
Shown By
Agent Name: Vanessa Spector
Agent Phone: (305) 302-3750 Cell
Agency Title: Realty 100
Estimated Payment
$ 3,961.60 per month $2,670.68 Principal & Interest $940.92 Property Tax $350.00 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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337 NW 48th St | MLS# A12114700
This single family home located at 337 NW 48th St , Miami, FL 33127 is currently listed for sale with an asking price of $1,200,000. This property was built in 1935 and has 5 bedrooms and 3 full baths with 2072 sq. ft. NW 48th St is located in the BUENA VISTA HEIGHTS EXTEN subdivision. Search BUENA VISTA HEIGHTS EXTEN real estate on vspector.realty100.com today.