RARE OPPORTUNITY IN A DESIRABLE MIAMI HISTORIC NEIGHBORHOOD! Located on a quiet dead-end street, just 2 blocks from the waterfront and park, near seven new luxury waterfront estates reportedly priced from $8M-$18M.NOT A TEARDOWN! This fully livable, currently occupied home has a solid existing structure and exterior. Selling with approved… Read More renovation plans and permits to transform the property into an approximately 3,350 SF, 5-bedroom, 5-bathroom luxury residence with only a small addition.SAVE NEARLY TWO YEARS OF APPROVALS! Navigating the strict historic district requirements took nearly two years. The next owner benefits from this extensive work already completed, subject to permit status and transfer requirements.The property features a beautiful pool built just a few years ago, mature trees, lush landscaping and a private tropical setting.Nearby renovated homes have reportedly sold for $1,100-$1,300/SF, suggesting a projected after-renovation value of $3.7M-$4M, depending on finishes and market conditions. Ideal for investors or end users seeking a luxury renovation opportunity in a rapidly appreciating neighborhood.PHOTO DISCLOSURE: Front exterior image is digitally edited to illustrate the proposed post-renovation appearance, not the home's current condition. Actual results may vary. Read Less
Courtesy of Signature Realty LLC 773-469-8759
Listing Snapshot
Days Online
11
Last Updated
Property Type
Single Family Residence
Beds
5
Full Baths
5
Square Ft.
2,931
Lot Size
0.17 Acres
Year Built
1925
MLS Number
A12113805
Additional Details
Appliances & Equipment
Microwave
Building
Built in 1925, Living area: 2931.0, Building faces North, 2 stories, Levels: Two, Entry level: 1, Construction Materials: Block, Frame, Stucco
Cooling
Central Air
Exterior Features
Awning(s)
Floors
Wood
Heating
None
Home Owner's Association
Amenities: None
Lot
0.17 acres
Parking
Driveway
Pool
In Ground
Roof
Flat
Sewer
Public Sewer
Taxes
Parcel Number: 0132070320280, Annual Amount: $27,703, Legal Description: WASHINGTON PLACE PB 20-54 LOT 29 LOT SIZE 75.000 X 100 OR 20543-4396 07 2002 1, Year: 2025, Zoning: 0104
Utilities
Water Source: Public
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