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: 09/19/2024 11:00 PM
Property Details for 10 West 53rd Terrace
Status | Active |
---|---|
MLS # | A11662830 |
Days on Market | 59 |
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 |
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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 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.
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