Sold
Closed
3499 SW 1st Ave
Miami FL, 33145
$870,000
$348.28 per sqft
Sold
Closed
2,498 sqft
Multi-family
Built in 1940
2 Detached Buildings in The Roads area (one behind the other)! Keep as rentals with $7,500 monthly income until you're ready to build (2) Luxury Townhomes. Recent comps for townhomes are $2 million each! The numbers work! Sell out is almost 4X the purchase price! The property boasts a detached 2 bed/2 bath back house with a private backyard, offering potential for expansion & market rental income of $3,500/month. The front house features a 2 bed/1 bath main unit plus an attached 1 bed/1 bath studio, currently rented for $2,700 & $1,300 respectively. Both units have updated bathrooms, soundproof windows/doors & hurricane-proofing. Separate electric & water meters. Located near major highways & prestigious neighborhoods like Vizcaya, Coconut Grove & Brickell.
A11657253
MLSⓇ ID
September 13, 2024
Listed
January 14, 2025
Updated
Map
3499 SW 1st Ave
Miami FL, 33145
Interior Features
Total Stories
1
Floor Description
Ceramic Floor
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Features
Less Than 1/4 Acre Lot
Architectual Style
Detached
Roof
Barrel Roof
Sewer
Public Sewer
Other Property Details
Area Name
East Shenandoah
Taxes
$10,165
Tax Frequency
Annually
Days on Market
34
Garage
No
Parking Total
5
View
No
County
Miami-Dade County
Water Source
Municipal Water
Pool
No
Zoning
5700
Listing History
Date | Event | Price |
|---|---|---|
11/7/2024 | Sold | $870,000 |
10/24/2024 | Under contract | — |
10/16/2024 | Price change | $869,000 2% |
10/15/2024 | Price change | $849,000 -16% |
10/2/2024 | Active | — |
9/20/2024 | Under contract | — |
9/18/2024 | Price change | $999,000 -14% |
Listed by: Keller Williams Capital Realty
Listing Contact: 786-326-8115
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. 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. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated 11:13 PM UTC, 1/14/2025.