7905 Crespi Boulevard
$1,500,000
—
1,946
1,946
$771
Closed 7/3/24
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...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. If you are financing there is no financial contingency
- Listed by Cuindney Mantilla • Miami Residential Group
Property Details for 7905 Crespi Boulevard
Subdivision
BISCAYNE BCH SUB
StyleDuplex
WaterfrontYes
Waterfront DescriptionCanal Front
Area32
AuctionNo
Total Units3
Num Stories1
LISTING UPDATED: 07/03/2024 06:15 PM
Property Details for 7905 Crespi Boulevard
Status | Closed |
---|---|
MLS # | A11579853 |
Days on Market | 61 |
Taxes | $11,046 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family Income |
Year Built | 1947 |
Lot Size | - |
County | Miami-Dade County |
Building Information for 7905 Crespi Boulevard
Stories-Residences3Year Built1947Building Size-Lot Size-
Property Information for 7905 Crespi Boulevard
Property History for 7905 Crespi Boulevard
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 7905 Crespi Boulevard
Taxable ValueLand$546,250Additions$38,304Total$584,554
Tax Record2023$11,046 ($921 / month)
Home Facts
Total Finished SqFt1,946 SqFtAbove Grade Finished SqFt1,946 SqFtStories1Lot Size5,750 SqFtStyleDuplexYear Built1947Year Renovated1950Zoning3900:MULTI-FACountyMIAMI-DADEAPN02-3202-008-2380
Schools near 7905 Crespi Boulevard
This home is within Miami-Dade.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | PK to 8 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Biscayne Elementary School PublicPK to 5 | ||
Air Base K-8 Center for International Education PublicPK to 8 | ||
Nautilus Middle School Public6 to 8 | ||
Robert Morgan Voc-Tech Institute Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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