Investment/Renovation Opportunity in highly-desirable El Portal. The main house has 2975 sq ft with 5 bedrooms & 2 bathrooms & there is a guest house with 560 sq ft & 1 bedroom/1 bathroom for a total of 3,535 sq ft with 6 beds/3 baths. Property sold with plans for a full renovation that would leave a 4 bed/2.5 bath main house & 1 bed/1 bath guest house. This is a complete renovation project (cash only, will not qualify for traditional financing) & needs new roof, windows, electric, plumbing, etc. Closed Sale Comps in the neighborhood support a post renovation value of $1.3mm+. (355 NE 88th St sold for $477 PSF, 112 NE 88th St sold for $445 PSF). Great opportunity to add value in one of the Miami areas best neighborhoods. Walking distance to trendy Little River & Miami Shores.
- Address 320 NE 88th St
- City El Portal
- County Miami-Dade County
- Zip 33138
-
Price
$675,000
($226 / SqFt) - Status Closed
- Subdivision El Portal Sec 7
- Pets Allowed No
- MLS® # A11014464
- Property Type Residential
- Property Sub TypeSingle Family Residence
- Status Closed
- Square Feet 2,985
- Year Built 1925
- Waterfront No
- Maintenance Fees No Info Provided
- Taxes $9,047
- Tax Year 2020
Miami, FL 33138
Miami, FL 33138
Miami, FL 33138
Years
Knowledge
Guidance