Current Use by Public Records
- Apartment buildings
Property Details for 716 87Th St
- Year built
- 1937
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional investment opportunity presents a beautifully renovated 1937-built duplex in the desirable Shorecrest neighborhood of Miami, Florida. Situated on a generous 7,000 square foot lot, the property comprises two distinct homes. The main house boasts a fully remodeled interior, featuring two bedrooms and one bathroom. The modern kitchen is equipped with stainless steel appliances, and impact windows provide both security and energy efficiency. The charming cottage located at the rear of the property offers a complete one-bedroom, one-bathroom unit, complete with a full living room, kitchen, and a walk-in closet. Both units are ready for immediate occupancy, presenting a strong potential for rental income. This property's prime location offers easy access to Miami Beach, the Design District, Bal Harbour, and Downtown Miami, making it an attractive option for both residents and tourists. The property's single-story design and established landscaping contribute to its curb appeal and overall value. With its blend of historical charm and modern updates, this duplex represents a rare find in the competitive Miami real estate market. The asking price is $1,199,900. This is a fantastic opportunity to acquire a well-maintained, income-generating property in a highly sought-after area.
Value Estimations
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.1824
- Latitude
- 25.8551
