Waterfront Four-plex across from Sombrero Beach! So much to appreciate about this income producing property including its ideal location, the large 19,000 sq. ft. lot, 60 ft. composite dock, above flood design, metal roof, peak-a-boo ocean views plus 4 fully functional & occupied units. The 1st floor unit is a spacious 2BD/2BA with patio deck. The 2nd floor houses TWO 1BD/1BA units w/ water views & private decks. The top floor/pent house unit is a 2BD/1 BA w/ beautiful canal views & private deck. All of the units have new efficient mini spilt A/C's, accordion shutters and access to the 8 x 20 shed. Options galore w/ 4 market rate building rights, redevelop into 1 or 2 homes, sell the remaining rights especially desirable come 2023, rent weekly or just continue earning passive income!
Multi-familyProperty Type
1988Year Built
0.44 acresLot Size
$595Est. Price/Sq.Ft.
1 spaceParking
Listed by David Grego• Island Breeze Realty, LLC
•305-481-1296 (agent)
•david@islandbreezerealty.com (agent)
•305-743-8328 (broker)
Bought with David Grego• Island Breeze Realty, LLC
•305-743-8328 (broker)
Source:MARMLS #A10872261
Redfin Estimate
$1,997,806
$498K since sold in June 2023$21K since September
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This home's estimate is 31.9% lower than the average sale price ($2.93M) of 6 comparable homes.