El Portal Homes
$675,000 (+0% ) - El Portal, FL
Beds: 4 Baths: 2Type: Single Family Residence
MLS ID: A11014464Sq Ft: 2985.0000
Sub: EL PORTAL SEC 7
Development: EL PORTAL SEC 7
Complex: EL PORTAL SEC 7
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 areas best neighborhoods. Walking distance to trendy Little River & Miami Shores.