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1954 SW 25th Ter Miami, FL 33133
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Key Details
Sold Price $1,050,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,500 sqft
Price per Sqft $700
Subdivision Victory Homesites
MLS Listing ID A11470190
Sold Date 12/21/23
Construction Status Resale
HOA Y/N No
Year Built 1953
Annual Tax Amount $9,769
Tax Year 2022
Contingent No Contingencies
Property Description
Here's an opportunity to develop a 5 Story apartment building made of steel in one of the hottest areas in Miami near Coconut Grove. There are 13 Apartments, 6 - 2-BR. & 7 - 1-BR units. The amenities included 26 covered & secured parking, w/electrical chargers for cars, and a plaza area above the parking with a beautiful landscaped area overlooking the Park. The project is strategically positioned adjacent to "The Underline," heightening it's investment appeal. The Underline is a 10-mile linear park & public art destination designed to create a vibrant public space that connects communities, promotes health and wellness, & encourages sustainable transportation. Note: The seller/'s first steel home project sold for the highest price per square foot in its area (reference MLS A11149494).
Location
State FL
County Miami-dade County
Community Victory Homesites
Area 41
Interior
Heating Electric
Cooling Central Air
Flooring Wood
Window Features Blinds
Exterior
Exterior Feature Fence
Pool None
Utilities Available Cable Available
Waterfront No
Roof Type Spanish Tile
Total Parking Spaces 2
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Block
Construction Status Resale
Others
Tax ID 01-41-15-005-0250
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Listed As-Is
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Bought with Simpson Associates of Florida
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