Description

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 area's best neighborhoods. Walking distance to trendy Little River Miami Shores. Ref: 36109-A11014464