31 Ne 53rd St, Miami, FL 33137

$740,000
6
BD
2
BA
936
SqFt

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List Price
$740,000
MLS#
A12069155
Subdivision
Orchard Villa Track Addn
Status
ACTIVE
Type
Single Family Residential
Bedrooms
6
Full baths
2
Living Area
936

Property Description

BUENA VISTA MULTI-USE PROPERTY & INVESTMENT OPPORTUNITY Currently operating as a PadSplit with rental income. Fully updated interior. All utilities are included in the rent. 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. Currently operating as a PadSplit with established rental income, 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.

Additional Information

Days on Market
1
View
Other
Tax Amount
$550,756
Parcel Number
01-31-24-010-0130
Bedroom Description
At Least 1 Bedroom Ground Level, Entry Level
Front Exposure
South
Lot Size
4,500
Parking Restrictions
Driveway, Other
Address
31 Ne 53rd St, Miami
SqFt Liv Area
936
Year Built
1935
Design
Detached, One Story
Development Name
Orchard Villa Track Addn
Style
R30-No Pool/No Water, House
Restrictions
No Restrictions
Construction Type
Frame With Stucco
Interior Features
First Floor Entry, Utility Room/Laundry
Section
24

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Listing Courtesy of Berkshire Hathaway HomeService, Contact: