Basic Information

  • MLS # A11579853
  • Type Duplex / Quad Plex / Triplex
  • Style Duplex
  • Status Active
  • Subdivision/Complex Biscayne Bch Sub
  • Year Built 1947
  • Total Sqft 1,946
  • Date Listed 05/01/2024
  • Days on Market 15
Description

Amazing opportunity to own a waterfront duplex plus a studio in non-gated Biscayne Point. CAP Rate 3. The 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

Exterior Features

  • Waterfront Yes
  • WF Description CanalFront
  • Pool No
  • Construction Type Block
  • Exterior Features Deck
  • Parking Spaces 0
  • Parking Description
  • Roof Description Barrel,SpanishTile

Interior Features

  • Adjusted Sqft 1,946
  • Cooling Description CeilingFans,WallWindowUnits
  • Floor Description Tile
  • Heating Description Other
  • Sqft 1,946

Property Features

  • Address 7905 Crespi Blvd
  • Aprox. Lot Size 1,970
  • City Miami Beach
  • Construction Materials Block
  • County Miami-Dade County
  • FrontageLength 50
  • Furnished Info No
  • Levels One
  • Listing Terms Cash,Conventional
  • Lot Description Approx 14 Acre
  • Lot Features Approx 14 Acre
  • Occupant Type Tenant
  • Patio And Porch Features Deck
  • Pool Features None
  • Possession ClosingFunding
  • Postal City Miami Beach
  • Public Survey Section One
  • Public Survey Township 2
  • Roof Barrel,SpanishTile
  • Sewer Description PublicSewer
  • Short Sale Regular Sale
  • Stories 1
  • HOA Fees N/A
  • Subdivision Complex
  • Subdivision Info Biscayne Bch Sub
  • Tax Amount $11,046
  • Tax Information BISCAYNE BEACH SUB PB 44-67 LOT 24 BLK 10 LOT SIZE 50.000 X 115 OR 18799-1693 09 1999 1 COC 24117-4060 12 2005 6
  • Tax Year 2023
  • Terms Considered Cash,Conventional
  • Type of Property Duplex
  • Water Description CanalFront
  • Year Built Details Effective Year Built

7905 Crespi Blvd

Miami Beach, FL 33141

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Miami Residential Group. tel: 305-647-2663

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