768 NE 72nd St, Miami FL 33138
768 72nd St, Miami, FL, 33138
768 72nd St, Miami, FL, 33138Details
- Date added: Added 3 hours ago
- Category: Single Family Residence
- Type: Residential
- Status: Active
- Bedrooms: 5
- Bathrooms: 5
- Half baths: 0
- Total rooms: 0
- Area: 2931 sq ft
- Lot size: 7500 sq ft
- SubdivisionName: WASHINGTON PLACE
- ListOfficeName: Signature Realty LLC
- GarageSpaces: 0
- View: None
- ListAOR: Miami Association of REALTORS®
- MLS ID: A12113805
Overview
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Description:
RARE OPPORTUNITY IN A DESIRABLE MIAMI HISTORIC NEIGHBORHOOD! Located on a quiet dead-end street, just 2 blocks from the waterfront and park, near seven new luxury waterfront estates reportedly priced from $8M-$18M.
NOT A TEARDOWN! This fully livable, currently occupied home has a solid existing structure and exterior. Selling with approved renovation plans and permits to transform the property into an approximately 3,300 SF, 5-bedroom, 5-bathroom luxury residence with only a small addition.
SAVE NEARLY TWO YEARS OF APPROVALS! Navigating the strict historic district requirements took nearly two years. The next owner benefits from this extensive work already completed, subject to permit status and transfer requirements.
The property features a beautiful pool built just a few years ago, mature trees, lush landscaping and a private tropical setting.
Nearby renovated homes have reportedly sold for $1,100-$1,300/SF, suggesting a projected after-renovation value of $3.7M-$4M, depending on finishes and market conditions. Ideal for investors or end users seeking a luxury renovation opportunity in a rapidly appreciating neighborhood.
PHOTO DISCLOSURE: Front exterior image is digitally edited to illustrate the proposed post-renovation appearance, not the home's current condition. Actual results may vary.
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Amenities
- Features:
- Amenities:
- CommunityFeatures: None
- PoolFeatures: In Ground
- Waterfront available: No
- GarageYN: No
- AttachedGarageYN: No
- Cooling System: Yes
- PoolPrivateYN: No
- FireplaceYN: No
Location
Building Details
- Cooling features: Central Air
- Year built: 1925
- ArchitecturalStyle: Detached, Two Story
- NewConstructionYN: No
- Building Name: WASHINGTON PLACE
- Exterior material: Concrete Block Construction, Frame With Stucco
- Roof: Flat Roof With Facade Front
- Heating: None
- Parking: Driveway