Basics
Date added Added 6 days ago | Category Single Family Residence | Type Residential | Status Active |
Bedrooms 4 beds | Bathrooms 3 baths | Half baths 0 half baths | Total rooms 0 |
Area, sq ft 1575 sq ft | Lot size, sq ft 13127 sq ft | Year built 1952 | SubdivisionName PALM SPRINGS AMD |
ListOfficeName RE/MAX Advance Realty II | GarageSpaces 0 | View Garden | ListAOR Miami Association of REALTORS® |
MLS ID A11662830 |
Description
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Description:
Development Potential: approved plans: 4 units, each with 3 bedrooms and 2 bathrooms (1,600 sq ft per unit) Potential income $14,000 per month Maximum potential: (plans can be modified)to up to 12 units . Additional Considerations: Appreciation: Plans include 8 parking spaces, which may need to be increased if the number of units is maximized. Rental market: Research the local rental market to determine demand for 3/2 units and potential rental rates. Overall, this property offers significant potential for investors looking to capitalize on the growing demand for multifamily housing. Current State: Main house: 4 bedrooms, 3 bathrooms (potential rental income) Efficiency unit: 1 bedroom, 1 bathroom Land: 13,127 sq ft corner lot
Location
- CountyOrParish: Miami-Dade County
Building Details
- Cooling features: Central Air
- ArchitecturalStyle: Detached, One Story, Ranch
- NewConstructionYN: No
- Building Name: PALM SPRINGS AMD
- Heating: Central
- Exterior material: CBS Construction
- Roof: Shingle
- Parking: Circular Driveway, Driveway
Video
- Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11662830
Amenities & Features
- Features:
- Amenities:
- CommunityFeatures: None
- WindowFeatures: Complete Impact Glass
- Waterfront available: Yes
- GarageYN: No
- AttachedGarageYN: No
- CoolingYN: Yes
- PoolPrivateYN: No
- FireplaceYN: No