For Sale
Price $750,000.00
Listing ID A10907053
Status For Sale
Address
Map
7711 Carlyle Ave, Miami Beach FL 33141
Area Miami Beach
Beds
Baths
Square Ft
Lot Size
Year Built

Description

Earn income while waiting to develop. Existing Single Single Family Home 4 blocks to the beach and boardwalk on Miami Beach. Home has 4 bedrooms, 3 baths with a separate outside entrance to 4th Bedroom lockout. Could be used as a guest quarters. Private parking for 1 or 2 vehicles. Nice backyard. Fix up the house to get more rent, or knock it down and build a multifamily building. Build up to 12 units and four stories. Preliminary schematic designs already made for 12 one-bedroom units on 3 stories. Could go up more. Perfect for a long term hold with a new development to take advantage of an area with mostly older product available. High demand location in miami beach (north beach) with very low vacancy, always offers to rent. Currently rented. Do not disturb Tenants.


Features

  • Cooling
  • Heating
  • Fireplace
  • View
  • Waterfront
  • Garage
  • Association

Map Location

Copyright 2020 Miami Association of Realtors MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. Miami Association of Realtors MLS data last updated on 1/24/2021 1:00:00 AM