Miami, FL 33138,8550 NE 8th Ct

$725,000

Est. payment /mo

$725,000

Est.Price: ?

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8550 NE 8th Ct Miami, FL 33138

1,824 SqFt

SOLD DATE : 05/23/2023

Key Details

Sold Price $725,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,824 sqft

Price per Sqft $397

Subdivision Biscayne Heights

MLS Listing ID A11364369

Sold Date 05/23/23

Construction Status Effective Year Built

HOA Y/N No

Year Built 1949

Annual Tax Amount $9,802

Tax Year 2022

Contingent Pending Inspections

Property Description

This duplex is located in one of the hottest opportunity zones in Miami, East of Biscayne Blvd, walking distance to Phyllis Ruth Miller Elementary. Very close to the Magic Innovation District, Charming MIMO, Wynwood, and the Design District. This is a great investment opportunity. The Duplex already has impact windows throughout, the roof was replaced in 2019 and the A/C in 2022. One side offers 2 bedrooms 2 bathroom and has been completely renovated. The other side is in its original Deco style with original Florida pine floors and offers 1 bedroom 2 baths and a large Florida and Dining room area that could be converted into a second bedroom like the unit next door. Both sides are currently vacant, rental comps in the area are between $3K to $3.3K per 2 bed/ 2bath.

Location

State FL

County Miami-dade County

Community Biscayne Heights

Area 32

Interior

Heating Central

Cooling Central Air

Flooring Wood

Exterior

Pool None

Utilities Available Cable Available

Roof Type Shingle

Building

Lot Description < 1/4 Acre

Story 1

Sewer Other

Level or Stories One

Structure Type Brick,Block

Construction Status Effective Year Built

Others

Tax ID 01-32-07-003-0870

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Conventional

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Listed by RE/MAX Advance Realty II
Bought with Ancona Real Estate Inc

Karina Marx

Broker Associate | License ID: IA.100089820

+1(786) 999-4504

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