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Key Details
Sold Price $640,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,985 sqft
Price per Sqft $214
Subdivision El Portal Sec 7
MLS Listing ID A11014464
Sold Date 07/23/21
Style Detached,Two Story
Bedrooms 4
Full Baths 2
Construction Status Resale
HOA Y/N No
Year Built 1925
Annual Tax Amount $9,047
Tax Year 2020
Contingent No Contingencies
Lot Size 6,750 Sqft
Property Description
Investment/Renovation Opportunity in highly-desirable El Portal. The main house has 2975 sq ft with 5 bedrooms & 2 bathrooms & there is a guest house with 560 sq ft & 1 bedroom/1 bathroom for a total of 3,535 sq ft with 6 beds/3 baths. Property sold with plans for a full renovation that would leave a 4 bed/2.5 bath main house & 1 bed/1 bath guest house. This is a complete renovation project (cash only, will not qualify for traditional financing) & needs new roof, windows, electric, plumbing, etc. Closed Sale Comps in the neighborhood support a post renovation value of $1.3mm+. (355 NE 88th St sold for $477 PSF, 112 NE 88th St sold for $445 PSF). Great opportunity to add value in one of the Miami area's best neighborhoods. Walking distance to trendy Little River & Miami Shores.
Location
State FL
County Miami-dade County
Community El Portal Sec 7
Area 32
Direction Property is located on NE 88th St between 3rd and 4th Avenues.
Interior
Interior Features Bedroom on Main Level, First Floor Entry, High Ceilings, Upper Level Master
Heating None
Cooling None
Flooring Wood
Furnishings Unfurnished
Appliance None
Exterior
Exterior Feature Porch, Room For Pool
Pool None
Waterfront No
View Garden
Roof Type Shingle
Porch Open, Porch
Parking Type Driveway
Garage No
Building
Lot Description < 1/4 Acre
Faces North
Story 2
Sewer Septic Tank
Water Public
Architectural Style Detached, Two Story
Level or Stories Two
Additional Building Guest House
Structure Type Block
Construction Status Resale
Schools
Elementary Schools Miami Shores
Middle Schools Horace Mann
High Schools Miami Edison
Others
Senior Community No
Tax ID 18-32-06-023-0381
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Listed As-Is
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Bought with JBV Advisors, Inc.
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Jaky Quelle
Broker Associate | License ID: BK3283887
Broker Associate License ID: BK3283887