Investment Opportunity in Miami Shores: 3/1 Property to Remodel with Great Appreciation Potential
9326 NW 2nd Ave, Miami Shores, FL, 33150, US
Single FamilyStatus: active
$749,000
Estimated annual taxes: $14,599
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3 Bedrooms
1 Bathrooms
1,032 ft² · 96 m²
1 Garages
About this property
Discover the diamond in the rough of Miami Shores. This property in Odell Manors represents an exceptional opportunity to enter the market of one of the most exclusive cities in South Florida at an unbeatable entry price. Originally designed in 1940, the house requires a complete rehabilitation, allowing the new owner or investor to rebuild and modernize to their liking to maximize resale value in a neighborhood where the prices of renovated properties significantly exceed this value. If you are looking for a high-return project in a premium location, this is the investment you have been waiting for.
Technical details & MLS (USA)
Year built: 1941
Stories: 1
Lot size: 7,500 ft²
Zoning: 0800 (Single Family Residential)
MLS area: 31
Special notes: ODELL MANORS
Environment
Nearby schools
- MiddleHorace Mann
- High SchoolMiami Edison
Location on Google Maps
Open in MapsDetails & Features
Financial information
Annual taxes:$14,599
Additional features
-Project Potential: Currently presented as the lowest-priced property in Miami Shores, ideal for investors looking for a fix and flip project or custom build. -Original Architecture: Built in 1940 with a block structure, preserving the charm of the classic single-story homes in the area. -Climate Control: Equipped with wall/window air conditioning units and wall furnace heating system. -Land: Standard lot of 7,500 square feet with enough space for expansions or garden redesign. -Infrastructure: Connection to public water and septic tank system. -Strategic Location: Situated in one of the most sought-after and prestigious residential areas of Miami-Dade, known for its tree-lined streets and community atmosphere. -Accessibility: Detached single-family property with an attached garage for one vehicle. -Connectivity: Minutes from the Design District, Wynwood, and with easy access to major highways connecting to downtown Miami and the beaches. -Utilities: Electric water heater available.