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$720,000was $740,000

31 NE 53rd St

6 bd · 2 ba · 936 sq ft

Asking price cut 2.7% on September 20, from $740,000.

33 days on marketSingle Family Residence

Listing courtesy of Berkshire Hathaway HomeService. 954-449-2700

From the MLS

Bedrooms
6
Bathrooms
2
Living area
936 sq ft
Asking per square foot
$769
Year built
1935
ZIP code
33137
MLS number
A12069155

What the listing says

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.

Description supplied by Berkshire Hathaway HomeService.

Before you offer on this one

The asking price is the easy part. What decides a Miami condo purchase sits in the association’s budget, its reserve study, the last twelve months of board minutes and the milestone inspection — and in whether the declaration permits what you intend to do with it.

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