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Listed price in listed location currency (USD).
$2,190,000

550

MLS® A12113805

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size 2931 sqft
Garage 
Taxes $27,703
Days Active 0
Lot Size 7500 SF
Approx. Age 1925
Avg. Price Per Sqft $747
MLS® Number A12113805

Property Address: 768 Ne 72nd St, Miami, FL, 33138-5726

Average square foot calculated using Size range provided by listing agent.

Description

**RARE OPPORTUNITY IN ONE OF MIAMI'S MOST DESIRABLE HISTORIC NEIGHBORHOODS!** Located on a quiet, dead-end street surrounded by luxury homes, this property offers an exceptional opportunity to create a multimillion-dollar residence with the hard work already done. Seven new luxury waterfront estates, ranging from $8M to $18M, are being developed at the end of the street, further transforming this exclusive neighborhood. **SELLING WITH FULLY APPROVED PLANS AND PERMITS** to transform the existing home into a stunning 5-bedroom, 5-bathroom, approximately 3, 300-square-foot residence with only a minimal addition. The property already features a swimming pool, providing a strong foundation for the renovation. **SAVE TWO YEARS OF PLANNING AND APPROVALS!** Navigating the strict requirements of this historic neighborhood took nearly two years, and the approved plans offer the next owner an opportunity to bypass this lengthy and challenging process. With comparable renovated homes in the surrounding area achieving approximately $1, 100 to $1, 300 per square foot, the projected after-repair value (ARV) is approximately $3.7M to $4M, subject to final finishes and market conditions. Whether you're an investor seeking a high-end renovation opportunity or an end user looking to create a dream home, this is a rare chance to secure a property with significant upside in a quiet, established neighborhood surrounded by extraordinary new luxury development.
MLS® NumberA12113805
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1925
Basement
DrivewayDriveway
Garage Spaces
HeatNone
A/CCentral Air

Extras

Home Estimate Zoopraisal®

This property is estimated to sell between: $2,190,000 and $3,143,000.
Similar properties in this area sold on average for: $2,825,000
Expected to sell in 144 days. Similar properties sold in 144 days. This home has been on Zoocasa for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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