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.
Listed by BHHS EWM Realty
The MLS data provided for the property above (MLS#A11014464) is provided courtesy of Zilbert.com. Source: Southeast FloridaMLS. Data updated 4/26/2024. Mark Zilbert is a member of the Zilbert Network and is licensed with Zilbert as a cooperating broker or cooperating agent and may not be the listing agent for this property. Information is deemed reliable but not guaranteed. The listing data on this page comes from the Miami Association of Realtors. All rights reserved. The information being provided is for consumer personal, non-commercial use. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.