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7905 Crespi Blvd Miami Beach, FL $ 1,575,000
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$ 1,575,000 Get more info
7905 Crespi Blvd
$ 1,575,000
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Share Save

7905 Crespi Blvd

Miami Beach, FL, 33141
$ 1,575,000
Bedrooms4 Baths5.0 Sq 1,946

Monthly Estimate*

$ 10,468

7905 Crespi Blvd, Miami Beach, FL 33141 - Image 1
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7905 Crespi Blvd, Miami Beach, FL 33141 - Image 8
7905 Crespi Blvd, Miami Beach, FL 33141 - Image 9
7905 Crespi Blvd, Miami Beach, FL 33141 - Image 10
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7905 Crespi Blvd, Miami Beach, FL 33141 - Image 13
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Multi-Family Home for sale in Miami Beach, FL

for $1,575,000 with 4 bedrooms and 5 full baths. This 1,946 square foot home was built in 1947.

Amazing opportunity to own a waterfront duplex plus a studio in non-gated Biscayne Point. CAP Rate 3%. The lot is 5,750 Sqft with the option to buy the fourplex next to it located at 7885 Crespi and combine the two lots for total of 11,500 Sqft. You may renovate and increase the rents; or rebuild to increase the amount of units up to 15-22 combining 7885-7905 Crespi Blvd lots. The property consists of three units of 2 two bedrooms-two bathrooms and a studio in the back. Monthly income of $4,095 with potential to increase to $6,400. All the leases are month to month. This property already passed the 40 year inspection in 2019. 50% seller financing at 10% interest

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Multi-Family Active

Price

$ 1,575,000

Bedrooms

4

Full Bath

5

Property Type

Multi-Family

Taxes

$ 11,046

Style

Duplex

Year Built

1947

Town/City

Miami Beach

County/Region

Miami-Dade

MLS | Web ID

A11579853
Features
General
Sewer PublicSewer
Heating Other
Cooling CeilingFans WallWindowUnits
Utilities CableAvailable
Possession ClosingFunding
Roof Barrel SpanishTile
Exterior Features Deck
Patio/Porch Features Deck
Pool Features None
Construction Materials Block
Year Built 1947
Stories 1
Levels One
Property SubType Duplex
Tax Year 2023
Waterfront Features CanalFront
County Miami-Dade County
Net Operating Income 55531.0
Operating Expense 20069.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Subdivision Name BISCAYNE BCH SUB
Garage Y/N N
Rent Includes Gardener Sewer TrashCollection Water
Status Active
City Miami Beach
View Y/N N
Senior Community Y/N N
Zoning Description 3900
MLS Area 32
Lot Size Units SquareFeet
Private Pool N
Waterfront Y/N Y
Carport Y/N N
Street Name Crespi Blvd
Listing Terms Cash Conventional
Property Attached Y/N N
Year Built Details Effective Year Built
Land Lease Y/N N
Tax Annual Amount 11046.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11579853
Days on Market 29
Standard Status Active
Occupancy Type Tenant
Total Actual Rent 75600.0
Property Sub Type Additional Duplex
Legal Description BISCAYNE BEACH SUB PB 44-67 LOT 24 BLK 10 LOT SIZE 50.000 X 115 OR 18799-1693 09 1999 1 COC 24117-4060 12 2005 6
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Interior
Flooring Tile
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N N
Fireplace Y/N N
Electric On Property Y/N N
Total Baths 0
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Exterior
Lot Features Item14Acre
Total Parking 0.0
Spa N
Building Area Total 1970.0
Frontage Length 50
Covered Spaces 0.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 7905
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* Excluded Features
List By
Miami Residential Group

Broker

cuinndney@hotmail.com

Email

Affordability Calculator

$11,388
Per Month
92%
8%
0%
Monthly Principal & Interest
$10,468
Monthly Property Taxes
$921
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
292769 Elementary School
292996 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/30/2024$1,575,000 -1.56% Price Down
5/2/2024$1,600,000 Listed Price

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7905 Crespi Blvd, Miami Beach, FL, 33141 is a Multi-Family Home for sale at $1,575,000 with 1,946 sqft. 7905 Crespi Blvd has 4 bedrooms, 5.0 baths, and was built in 1947. The property's zip code is 33141 which is in Miami Beach, FL

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