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Key Details
Sold Price $1,550,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Subdivision Ocean Beach Addn No 3
MLS Listing ID A11482712
Sold Date 07/09/24
Style Contemporary/Modern,Detached
Bedrooms 4
Full Baths 4
Half Baths 1
Construction Status New Construction
HOA Y/N No
Annual Tax Amount $16,219
Tax Year 2022
Contingent No Contingencies
Lot Size 2,656 Sqft
Property Description
Opportunity to build a single family home in the coveted South of Fifth (SoFi) neighborhood in close walking distance to Joe's, Milos, Carbone, Lucky Cat and the Atlantic Ocean. Adjacent similar home/concept/lot size at 819 2nd ST (4 story/3 beds/3 baths/2 half baths/4,215 SF) recently sold for $6mm in Dec 2021. Assuming build cost at $600 PSF on a similar concept plus full asking price nets a near $2mm unleveraged profit/equity. Zoning is RPS-2.
Location
State FL
County Miami-dade County
Community Ocean Beach Addn No 3
Area 42
Interior
Interior Features First Floor Entry, Other
Heating Other
Cooling Other
Flooring Marble, Tile, Wood
Appliance Other
Exterior
Exterior Feature Other
Garage Attached
Garage Spaces 1.0
Pool None
Community Features Other
Waterfront No
View Y/N Yes
View Ocean
Roof Type Other
Parking Type Attached, Driveway, Garage
Garage Yes
Building
Lot Description < 1/4 Acre
Faces South
Sewer Public Sewer
Water Public
Architectural Style Contemporary/Modern, Detached
Level or Stories Three Or More
Structure Type Block
Construction Status New Construction
Others
Senior Community No
Tax ID 02-42-03-009-5372
Ownership Corporation
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with The Corcoran Group
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