7885 Crespi Blvd, Miami Beach FL 33141,Miami Beach,Miami-Dade County,Residential Income

Amazing opportunity to own a water front fourplex in Biscayne Point. The lot is 5,750 SQFT with the option to buy the duplex next to it 7905 Crespi and combine the two lots for a total of 11,500 Sqft. You may renovate and increase the rents; or rebuild to increase the number of units up to 16 combining 7885-7905 Crespi Blvd lots. The property consists of four units of two bedrooms – one bathroom and 2 units of one bedroom – one bathroom. Monthly income of $5,800. Earn money as permits are being approved by the city. All the leases are month to month. This property already passed the 40 year in 2019.