$720,000

Price reduced

31 NE 53rd St, Miami FL 33137

6 beds2 baths936 sq ftBuilt 1935MLS# A12069155

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About this property

BUENA VISTA MULTI-USE PROPERTY & INVESTMENT OPPORTUNITY Currently operating as a PadSplit with rental income. Fully updated interior. Can be used as a single-family residence or investment property.
Strategically located near Miami’s Design District and Wynwood, this 6-bedroom, 2-bathroom multi-use property presents an excellent opportunity for both residential use and investment in a rapidly evolving area surrounded by development, dining, art, entertainment, and urban amenities.
The property offers an investor the opportunity to acquire an income-producing residential asset with an existing operating model. The fully updated interior features six bedrooms, with four bedrooms in the main house and two bedrooms in the garage apartment, along with two bathrooms, shared laundry facilities, and plenty of on-site parking. All utilities are included in the rent, making this a turnkey business opportunity to add to your portfolio. With its desirable location, flexible bedroom configuration, and proximity to major Miami destinations, Buena Vista offers versatility for either a single-family residence or an income-generating investment property in an area experiencing continued growth and redevelopment. Turnkey business opportunity to add to your portfolio. Buyer to independently verify all income, operating information, zoning, licensing, and PadSplit-related requirements.

Property details

Property type
Single family
Year built
1935
Living area
936 sq ft
Price per sq ft
$769
Property taxes
$550,756/yr
Building / community
Orchard Villa Track Addn
Status
Price reduced
MLS #
A12069155

Listing courtesy of Berkshire Hathaway HomeService.

Location

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