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$ 1,175,000
Est. payment | /mo
2,664 SqFt
$ 1,175,000
Est. payment | /mo
2,664 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,664 sqft
Price per Sqft $441
Subdivision Biscayne Heights
MLS Listing ID A12058364
HOA Y/N No
Year Built 1940
Annual Tax Amount $10,594
Tax Year 2025
Property Sub-Type Triplex
Property Description
Prime Corner-Lot Opportunity in Shore Crest! This rare 11,994 SF parcel is zoned for up to four units, just minutes from Biscayne Bay. Three tenant-occupied residences across separate structures: two 3-bedroom/1-bath units and one 1-bedroom/1-bath - currently generate $72,000 in annual income, giving investors immediate cash flow while they plan their next move: renovate the existing units for higher rents or clear the lot and build new.
Shore Crest sits minutes from Miami's beaches, waterfront parks, marinas, and the restaurants and nightlife along Biscayne Boulevard, with Downtown Miami and the Design District just a short drive away. For a developer or investor, this is a rare combination: immediate income to offset holding costs, a corner lot with real flexibility for up to four units, and a location positioned for long-term appreciation.
Shore Crest sits minutes from Miami's beaches, waterfront parks, marinas, and the restaurants and nightlife along Biscayne Boulevard, with Downtown Miami and the Design District just a short drive away. For a developer or investor, this is a rare combination: immediate income to offset holding costs, a corner lot with real flexibility for up to four units, and a location positioned for long-term appreciation.
Location
State FL
County Miami-dade
Community Biscayne Heights
Area 32
Interior
Heating Central
Cooling Central Air
Flooring Hardwood, Tile, Wood
Exterior
Pool None
Utilities Available Cable Not Available
Roof Type Shingle
Total Parking Spaces 10
Private Pool No
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Block
Others
Tax ID 30-32-07-003-1390
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Compass Florida, LLC
NEARBY SCHOOL & BUSINESS