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$11,111,000
↓ $1.1M (9.1%)
●
House -
For Sale
575 Hibiscus Ln
Miami, FL 33137
5 Beds
5 Baths
3814 Sqft
$60,227
Estimated Monthly
$654
HOA / Fees
1.01%
Cap Rate
About This Property
TWO LOTS! Attention all investors savvy buyers! This is the best
price in Bay Point for a double lot with a great location in
Hibiscus street. For investors, there's the potential to split the
lot and build two single-family homes. For savvy buyers, it's a
great opportunity to own a single-family home on a double with
future building potential. The current residence is a renovated
one-story Balinese style home boasting five bedrooms, five
bathrooms, an open floor plan with high ceilings, and outdoor
spaces surrounded by lush tropical greenery. Enjoy the serene
retreat with balinese pergola, outdoor tub, and oversized pool.
Don't miss this lifestyle investing opportunity to make your home
an active asset.
Unit Size
3,814Ft²
Days on Market
218 days
Land Size
0.58 acres
Price per sqft
$2,913
Property Type
House
Property Taxes
$5,016
HOA Dues
$654
Year Built
1948
Listed By
Last updated: 29 days ago (Miami MLS #A11454501)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Mar 20, 2024 | Price Decreased |
$11,111,000
↓ $1M
(9.1%)
|
|
Price Decreased | |||
Sep 26, 2023 | Listed by Coldwell Banker Realty | $12,222,000 | |
Listed by Coldwell Banker Realty |
Property Highlights
Air Conditioning
Fireplace
Parking Details
Has Garage
Has Open Parking
Parking Features: Driveway
Garage Spaces: 9
Covered Parking Spaces: 9
Interior Details
Bathroom Information
Full Bathrooms: 5
Master Bathroom Features: Shower Only
Bedroom Information
Bedrooms: 5
Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Primary Bedroom Ground Level
Interior Information
Interior Features: First Floor Entry, Entrance Foyer, Walk-In Closet(s), Family Room, Storage, Utility Room/Laundry
Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Gas Range, Refrigerator, Washer
Flooring Type: Marble, Terrazzo, Wood
Door Features: High Impact Doors
Laundry Features: Utility Room/Laundry
Room Information
Dining Room Features: Breakfast Area, Eat-In Kitchen, Formal Dining
Living Room Features: Family Room, Storage Room, Utility Room/Laundry
Fireplace Information
Has Fireplace
Fireplace Features: Decorative
Exterior Details
Property Information
Square Footage: 3814
Architectural Style: Attached, One Story
Year Built: 1948
Building Information
Building Name: BAY POINT
Building Area Total: 4875
Building Area Units: Square Feet
Building Area Total: 4875
Window Features: Clear Impact Glass, Blinds, Drapes, High Impact Windows, Impact Glass, Sliding
Construction Materials: CBS Construction
Patio and Porch Features: Deck, Open Porch, Patio
Roof Features: Curved/S-Tile Roof
Pool Information
Pool Features: In Ground
Lot Information
Lot Features: 1/4 To Less Than 1/2 Acre Lot
Lot Size Units: Square Feet
Lot Size Square Feet: 25380
Land Information
Water Source: Municipal Water, Well
Financial Details
Tax Legal Description: 19 53 42 BAY POINT PB 40-63 LOTS 2 & 3 BLK 9 AND PROP INT IN & TO COMMON ELEMENTS NOT DEDICATED TO PUBLIC LOT SIZE IRREGULAR
Tax Annual Amount: $60,187
Tax Year: 2022
Parcel Number: 01-32-19-008-1370
Property is Zoned: 0100
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA Fee: $7,850
HOA Fee Frequency: Annually
Building Info
Overview
Building
Neighborhood
Zoning
Geography
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
House
6
Beds
8
Baths
7,924 ft²
$1,641/ft²
$13,000,000
Jan 24, 2022
$13,000,000
Sep 29, 2023
$11,523/mo