10 West 53rd Terrace
$1,500,000
4
3
1,575
1,575
$952
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...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
- Listed by Ileana Rodriguez • RE/MAX Advance Realty II
Property Details for 10 West 53rd Terrace
Subdivision
PALM SPRINGS AMD
StyleWF/No Ocean Access
WaterfrontYes
Waterfront DescriptionCanal Front
ViewGarden View
Area21
AuctionNo
Sq Ft Total1730
LISTING UPDATED: 12/10/2024 03:34 PM
Property Details for 10 West 53rd Terrace
Status | Active |
---|---|
MLS # | A11662830 |
Days on Market | 89 |
Taxes | $4,939 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Single Family / Single |
Year Built | 1952 |
Lot Size | 0.30 AC / 13,127 SF |
County | Miami-Dade County |
Building Information for 10 West 53rd Terrace
Stories1Year Built1952Building Size-Lot Size0.30 AC / 13,127 SF
Property Information for 10 West 53rd Terrace
Property History for 10 West 53rd Terrace
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 10 West 53rd Terrace
Taxable ValueLand-Additions-Total-
Tax Record2023$4,939 ($412 / month)
Home Facts
Beds4Total Finished SqFt1,575 SqFtAbove Grade Finished SqFt1,575 SqFtStories1Lot Size13,127 SqFtStyleSingle Family ResidenceYear Built1952Year Renovated1983Zoning0100:SINGLE FCountyMIAMI-DADEAPN04-2131-001-1590
Schools near 10 West 53rd Terrace
This home is within Miami-Dade County Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | PK to 8 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Palm Springs Elementary School PublicPK to 5 | ||
Air Base K-8 Center for International Education PublicPK to 8 | ||
Palm Springs 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.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.