About This Property
Residential in Miami
Best and highest offer by Jan 1st. Situated on an expansive 10,800 SQ. FT. LOT (75’ frontage) in Miami’s rapidly transforming Buena Vista neighborhood, this property presents an exceptional opportunity for investors and developers looking to capitalize on the area’s 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.
Features & Amenities
Property Highlights
Roof
- Shingle
Sewer
- Public Sewer
Levels
- Two
Cooling
- Wall/Window Unit(s)
Heating
- Window/Wall
Flooring
- Other
Amenities
- None
Possession
- Close Of Escrow
- Negotiable
Room Types
- Florida Room
- MaidIn-Law Quarters
LotFeatures
- Fruit Tree(s)
WaterSource
- Public
Lot Features
- Fruit Tree(s)
Restrictions
- No Restrictions
Water Source
- Public
Listing Terms
- Cash
Other Equipment
- None
ParkingFeatures
- Covered
Tax Information
- CityCounty
Parking Features
- Covered
Master BedroomBath
- Bedroom On Entry Level
- Master Bdrm - Ground
- Separate Shower
Acreage Description
- 14 To Less Than 12 Acre Lot
Special Information
- Sold As-Is
AssociationAmenities
- None
Showing Requirements
- 24 Hour Notice
- Call Listing Agent
Construction Materials
- Block
Specifications
Property Details
Location