House in Miami, Florida 5 bedrooms, 230.12 sq.m. № 1923888

Property description

This 3,100+ sq.ft. home, set on a 6,660 sq.ft. lot, offers outstanding potential for renovation or redevelopment in one of Miami’s most sought-after neighborhoods. Originally built in 1947, the property features a covered terrace, pergola, outdoor kitchen, and lush tropical landscaping. A separate 1/1 unit at the rear provides flexibility and could be rented for additional income. The current asking price already reflects the significant work the property needs. By property size and location alone, the value should be much higher, creating an opportunity for investors to unlock substantial upside. Ideal for investors looking to add value or developers envisioning a custom build. Properties with this combination of size, location, and income potential are a rare find!