$1,600,000
$1,689,000
5.3%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4 Baths
5,000 Sqft Lot
SOLD DATE : 06/10/2022
Key Details
Sold Price $1,600,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Subdivision Alton Beach Bay Front Re-
MLS Listing ID A11160180
Sold Date 06/10/22
Style One Story
Bedrooms 4
Full Baths 4
Construction Status Resale
HOA Y/N No
Year Built 1934
Annual Tax Amount $14,664
Tax Year 2020
Contingent 3rd Party Approval
Lot Size 5,000 Sqft
Property Description
Unique opportunity to build and own an iconic new home in South Beach. Current owner plans to build the 3,800 sq ft home shown in photo renderings, with an estimated completion in Summer 2023. Architect & builder already in place, construction will begin this summer. This project is a game-changer for the neighborhood, with multiple decks, elevator, and second story plunge pool. The cost to build is approx $1.35M, so at asking price for the land $1,68M, the total cost is $3,04M. Estimated value of the finished home in the present market is at least $4.55M. For the patient buyer who wants the perfect home rather than a “what’s available” home, this is the most incredible deal on the market. Located in a trendy area of the West Avenue District that is undergoing major development.
Location
State FL
County Miami-dade County
Community Alton Beach Bay Front Re-
Area 32
Interior
Interior Features First Floor Entry, Main Level Master
Heating Electric
Cooling Electric, Other
Flooring Other
Appliance Dishwasher, Electric Range, Microwave, Washer
Exterior
Exterior Feature Patio
Garage Spaces 1.0
Pool None
Community Features Street Lights, Sidewalks
View Other
Roof Type Concrete
Street Surface Paved
Porch Patio
Garage Yes
Building
Lot Description < 1/4 Acre
Faces South
Story 1
Sewer Public Sewer
Water Public
Architectural Style One Story
Structure Type Block
Construction Status Resale
Others
Senior Community No
Tax ID 02-32-33-016-0410
Security Features Security System Owned
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Mickael Lancri PA
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