$1,575,000 Price Analysis    ♡   Miami Beach, FL 33141 4 bed 5 bath 1,946 SqFt ($809/SqFt) Built 1947 Listed 2024-05-02, Taxes $10,523 | Ⓧ USDA Ineligible due to price & location near Miami Beach |
Amazing opportunity to own a waterfront duplex plus a studio in non-gated Biscayne Point.
CAP Rate 3%. Th 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 15-22 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. 50% seller financing at 10% interest
Presented by Cuindney Mantilla at
Miami Residential Group.
Property MLS #A11579853 from MiamiMLS
Bedrooms: 4
Total Bathrooms: 5
Full Bathrooms: 5
Full Bathrooms: 5
Cooling Features: CeilingFans, WallWindowUnits
Flooring: Tile
Deck
Frontage Length: 50
Patio And Porch Features: Deck
Frontage Length: 50
Patio And Porch Features: Deck
CanalFront
Lot Description: Item14Acre
Association: No
Calculated Total Monthly Association Fees: 0
Calculated Total Monthly Association Fees: 0
Rent Includes: Gardener, Sewer, TrashCollection, Water
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 2
Total Bathrooms in Unit-3: 2
Bedrooms in Unit-3: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 2
Total Bathrooms in Unit-3: 2
Annual Tax Amount: 11046
Source Listing Status: Active
County: Miami-Dade County
Tax Year: 2023
Source Property Type: ResidentialIncome
Source Neighborhood: BISCAYNE BCH SUB
Parcel Number: 02-32-02-008-2380
Postal City: Miami Beach
Postal Code Plus 4: 1812
Subdivision: BISCAYNE BCH SUB
Zoning Description: 3900
Property Subtype: Duplex
Source System Name: C2C
Source Listing Status: Active
County: Miami-Dade County
Tax Year: 2023
Source Property Type: ResidentialIncome
Source Neighborhood: BISCAYNE BCH SUB
Parcel Number: 02-32-02-008-2380
Postal City: Miami Beach
Postal Code Plus 4: 1812
Subdivision: BISCAYNE BCH SUB
Zoning Description: 3900
Property Subtype: Duplex
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $unknown + $unknown $546,353 | $10,523 |
| 2021 | $7,935 + $488,750 $496,685 | $9,590 |
| 2020 | $11,841 + $488,750 $500,591 | $9,691 |
| 2019 | $unknown + $unknown $480,496 | $9,454 |
| 2018 | $unknown + $unknown $431,489 | $8,539 |
| 2017 | $5,982 + $488,750 $494,732 | $8,186 |
| 2016 | $unknown + $unknown $356,603 | $7,952 |
| 2015 | $7,935 + $316,250 $324,185 | $6,422 |
| 2014 | $unknown + $unknown $168,670 | $4,665 |
| 2013 | $unknown + $unknown $153,337 | $3,118 |
| 2012 | $unknown + $unknown $214,708 | $4,395 |
| 2011 | $unknown + $unknown $317,923 | $6,580 |
| 2010 | $unknown + $unknown $289,361 | $6,385 |
| 2009 | $unknown + $unknown $472,638 | $9,722 |
| 2008 | $unknown + $unknown $521,814 | $10,579 |
| 2007 | $unknown + $unknown $694,314 | $14,007 |
Price Changed 2024-05-30
$1,575,000
MiamiMLS
Listing removed 2024-05-02
$0
MiamiMLS
Listed 2024-05-02
$1,600,000
MiamiMLS
Listed 2024-04-09
$1,650,000
MiamiMLS
Listing removed 2023-04-20
$0
MiamiMLS
Listing removed 2023-04-20
$0
MiamiMLS
Listed 2023-04-18
$1,800,000
MiamiMLS
Listed 2023-04-18
$1,800,000
MiamiMLS
Listing removed 2023-04-13
$1,400,000
MiamiMLS
Listing removed 2023-04-05
$1,400,000
MiamiMLS
Listed 2023-03-08
$1,400,000
MiamiMLS
Listing removed 2023-01-14
$0
MiamiMLS
Listed 2023-01-13
$1,400,000
MiamiMLS
Listed 2023-01-03
$1,400,000
MiamiMLS
Listing removed 2022-11-13
$1,450,000
MiamiMLS
Listing removed 2022-11-13
$1,450,000
MiamiMLS
Relisted 2022-10-13
$1,450,000
MiamiMLS
Relisted 2022-10-13
$1,450,000
MiamiMLS
Listing removed 2022-10-09
$1,450,000
MiamiMLS
Listing removed 2022-10-09
$1,450,000
MiamiMLS
Relisted 2022-09-17
$1,450,000
MiamiMLS
Relisted 2022-09-17
$1,450,000
MiamiMLS
Listing removed 2022-09-13
$1,495,000
MiamiMLS
Listing removed 2022-09-13
$1,495,000
MiamiMLS
Price Changed 2022-07-26
$1,495,000
MiamiMLS
Listed 2022-06-16
$1,475,000
MiamiMLS
Listing removed 2022-06-15
$0
MiamiMLS
Price Changed 2022-05-26
$1,495,000
MiamiMLS
Price Changed 2022-05-26
$1,495,000
MiamiMLS
Listed 2022-05-18
$1,475,000
MiamiMLS
Listed 2022-05-18
$1,475,000
MiamiMLS
Listing removed 2022-03-31
$1,475,000
MiamiMLS
Listed 2021-12-20
$1,475,000
MiamiMLS
Listing removed 2021-08-16
$1,500,000
MiamiMLS
Listed 2021-08-08
$1,500,000
MiamiMLS
Listing removed 2021-04-06
$1,650,000
MiamiMLS
Price Changed 2021-01-28
$1,650,000
MiamiMLS
Price Changed 2020-12-31
$1,750,000
MiamiMLS
Relisted 2020-08-26
$1,850,000
MiamiMLS
Listing removed 2020-08-25
$1,985,000
MiamiMLS
Price Changed 2020-05-29
$1,985,000
MiamiMLS
Listing removed 2020-03-22
$975
MiamiMLS
Listed 2019-08-03
$2,250,000
MiamiMLS
Sold 2012-01-27
$230,000
Public Record
Sold 2011-05-12
$230,000
Public Record
Listing removed 2009-11-29
$780,000
MiamiMLS
Price Changed 2009-11-13
$780,000
MiamiMLS
Listed 2009-06-25
$1,150,000
MiamiMLS
Listing removed 2009-04-29
$1,050,000
MiamiMLS
Listed 2009-04-12
$1,050,000
MiamiMLS
Sold 2006-01-05
$1,052,500
Public Record
Sold 1999-09-28
$120,000
Public Record
$1,575,000
MiamiMLS
Listing removed 2024-05-02
$0
MiamiMLS
Listed 2024-05-02
$1,600,000
MiamiMLS
Listed 2024-04-09
$1,650,000
MiamiMLS
Listing removed 2023-04-20
$0
MiamiMLS
Listing removed 2023-04-20
$0
MiamiMLS
Listed 2023-04-18
$1,800,000
MiamiMLS
Listed 2023-04-18
$1,800,000
MiamiMLS
Listing removed 2023-04-13
$1,400,000
MiamiMLS
Listing removed 2023-04-05
$1,400,000
MiamiMLS
Listed 2023-03-08
$1,400,000
MiamiMLS
Listing removed 2023-01-14
$0
MiamiMLS
Listed 2023-01-13
$1,400,000
MiamiMLS
Listed 2023-01-03
$1,400,000
MiamiMLS
Listing removed 2022-11-13
$1,450,000
MiamiMLS
Listing removed 2022-11-13
$1,450,000
MiamiMLS
Relisted 2022-10-13
$1,450,000
MiamiMLS
Relisted 2022-10-13
$1,450,000
MiamiMLS
Listing removed 2022-10-09
$1,450,000
MiamiMLS
Listing removed 2022-10-09
$1,450,000
MiamiMLS
Relisted 2022-09-17
$1,450,000
MiamiMLS
Relisted 2022-09-17
$1,450,000
MiamiMLS
Listing removed 2022-09-13
$1,495,000
MiamiMLS
Listing removed 2022-09-13
$1,495,000
MiamiMLS
Price Changed 2022-07-26
$1,495,000
MiamiMLS
Listed 2022-06-16
$1,475,000
MiamiMLS
Listing removed 2022-06-15
$0
MiamiMLS
Price Changed 2022-05-26
$1,495,000
MiamiMLS
Price Changed 2022-05-26
$1,495,000
MiamiMLS
Listed 2022-05-18
$1,475,000
MiamiMLS
Listed 2022-05-18
$1,475,000
MiamiMLS
Listing removed 2022-03-31
$1,475,000
MiamiMLS
Listed 2021-12-20
$1,475,000
MiamiMLS
Listing removed 2021-08-16
$1,500,000
MiamiMLS
Listed 2021-08-08
$1,500,000
MiamiMLS
Listing removed 2021-04-06
$1,650,000
MiamiMLS
Price Changed 2021-01-28
$1,650,000
MiamiMLS
Price Changed 2020-12-31
$1,750,000
MiamiMLS
Relisted 2020-08-26
$1,850,000
MiamiMLS
Listing removed 2020-08-25
$1,985,000
MiamiMLS
Price Changed 2020-05-29
$1,985,000
MiamiMLS
Listing removed 2020-03-22
$975
MiamiMLS
Listed 2019-08-03
$2,250,000
MiamiMLS
Sold 2012-01-27
$230,000
Public Record
Sold 2011-05-12
$230,000
Public Record
Listing removed 2009-11-29
$780,000
MiamiMLS
Price Changed 2009-11-13
$780,000
MiamiMLS
Listed 2009-06-25
$1,150,000
MiamiMLS
Listing removed 2009-04-29
$1,050,000
MiamiMLS
Listed 2009-04-12
$1,050,000
MiamiMLS
Sold 2006-01-05
$1,052,500
Public Record
Sold 1999-09-28
$120,000
Public Record
Net Operating Income: 55531
Operating Expense: 20069
Operating Expense: 20069
Total Square Feet Living: 1946
Year Built: 1947
Building Area Total: 1970
Construction Materials: Block
Levels: One
Property Age: 77
Roof: Barrel, SpanishTile
Levels or Stories: 1
House Style: Duplex
Year Built Details: Effective Year Built
Year Built: 1947
Building Area Total: 1970
Construction Materials: Block
Levels: One
Property Age: 77
Roof: Barrel, SpanishTile
Levels or Stories: 1
House Style: Duplex
Year Built Details: Effective Year Built
Sewer: PublicSewer
CableAvailable
CableAvailable
Biscayne Elementary School is a public elementary school located approximately 0.2 miles away.
Map directions
Map directionsNautilus Middle School is a public middle school located approximately 3.4 miles away.
Map directions
Map directionsMiami Beach Senior High School is a public high school located approximately 4.5 miles away.
Map directions
Map directionsYeshiva Elementary is a private elementary and middle school located approximately 0.1 miles away.
Map directions
Map directions
Click Thumbnail Images To View Full Size
 |  |  |  |  |
 |  |  |  |  |
 |  |  |  |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.