Costantini VIP Realty

Serving the Miami-Dade, Broward and Palm Beach Counties

 

Property Description

Amazing opportunity to own a water front fourplex in no-gated Biscayne Point. The lot is 5,750 SQFT with the option to buy the duplex next door at 7905 Crespi and combine the two lots for a total of 11,500 Sqft. You may renovate and increase the rents; or rebuild to increase the number of units up to 15 combining 7885-7905 Crespi Blvd lots. The property consists of four units of two bedrooms – one bathroom and 2 units of one bedroom – one bathroom. Monthly income of $6,250 with potential to increase to $9,600. All the leases are month to month. This property already passed the 40 year recertification inspection in 2019.

Features
: Other
: Wall/window Unit(s)
: Vinyl, Ceramic Floor
: Less Than 1/4 Acre Lot
: Flat Tile
: Public Sewer
: Canal Front, Canal Width 1-80 Feet
Address Details
FL
Miami-Dade County
Miami Beach
33141
7885 Crespi Blvd
BISCAYNE BCH SUB
0
Other
: Other
: Cbs Construction
116
: Unrestricted Salt Water Access
: Conventional, Fha, Cash
4
: Gardener, Sewer, Trash Collection
1
1
: Quadruplex, Fourplex
$12,721
2021
: Municipal Water
3900

Residential Income For Sale

BISCAYNE BCH SUB

7885 Crespi Blvd, Miami Beach, Florida 33141

2,700 Sqft
$1,450,000
Listing ID #A11207226
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : A11207226
Price : $1,450,000
Square Footage : 2,700 Sqft
Year Built : 1948
Building Area : 2,700 Sqft
Status : Active
Property SubType : Quadruplex
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