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$2,250,000was $2,450,000

7997 SW 76th Avenue

6 bd · 4 ba · 5,151 sq ft

Asking price cut 8.2% on May 19, from $2,450,000.

215 days on marketSingle Family Residence

Listing courtesy of Luxe Properties. 305-809-7650

From the MLS

Bedrooms
6
Bathrooms
4
Living area
5,151 sq ft
Asking per square foot
$437
Year built
1970
ZIP code
33143
MLS number
A11993465

What the listing says

Welcome to 7997 SW 76 Avenue, a truly rare offering in the heart of Glenvar Heights. Set on an expansive 38,768 sq ft corner lot, just shy of an acre, this is a unique opportunity for a developer or end user to secure a property that not only offers scale and presence, but also produces approximately $180,000 annually in gross income. Excellent location just minutes to South Miami, Coral Gables, and Pinecrest, with quick access to top schools, everyday conveniences, top dining, Dadeland Mall, and the University of Miami. Connectivity is seamless with close proximity to US 1 and the Palmetto, making this a highly desirable pocket for both end users and investors. The existing residence spans over 5,100 sq ft with 6 bedrooms and 4 bathrooms, featuring soaring 20-foot ceilings and an abundance of natural light throughout. The layout is open and functional with tile flooring, recessed lighting, a fireplace, and Coral Rock accents that add warmth and character. The kitchen is well-positioned with a large island, granite countertops, wood cabinetry, and stainless steel appliances, opening seamlessly to the main living areas. A versatile loft adds flexibility for additional living or workspace. The property also features a roof completed in 2018 and impact windows installed in 2021, offering added value and peace of mind. Great opportunity to renovate or redevelop. FIRST TWO PHOTOS ARE VIRTUAL CONCEPT OF RENOVATION

Description supplied by Luxe Properties.

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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