768 NE 72nd St, Miami, FL 33138

About This Home

RARE OPPORTUNITY IN A DESIRABLE MIAMI HISTORIC NEIGHBORHOOD! Located on a quiet dead-end street, just 2 blocks from the waterfront and park, near seven new luxury waterfront estates reportedly priced from $8M-$18M. NOT A TEARDOWN! This fully livable, currently occupied home has a solid existing structure and exterior. Selling with approved renovation plans and permits to transform the property into an approximately 3,350 SF, 5-bedroom, 5-bathroom luxury residence with only a small addition. SAVE NEARLY TWO YEARS OF APPROVALS! Navigating the strict historic district requirements took nearly two years. The next owner benefits from this extensive work already completed, subject to permit status and transfer requirements. The property features a beautiful pool built just a few years ago, mature trees, lush landscaping and a private tropical setting. Nearby renovated homes have reportedly sold for $1,100-$1,300/SF, suggesting a projected after-renovation value of $3.7M-$4M, depending on finishes and market conditions. Ideal for investors or end users seeking a luxury renovation opportunity in a rapidly appreciating neighborhood. PHOTO DISCLOSURE: Front exterior image is digitally edited to illustrate the proposed post-renovation appearance, not the home's current condition. Actual results may vary.

Property Details

Bathrooms Full

5

Bathrooms Half

0

Interior Features

First Floor Entry, Den/Library/Office

Appliances

Microwave

Flooring

Wood

Heating

None

Cooling

Central Air

Architectural Style

Detached, Two Story

Garage Spaces

0

Parking Features

Driveway

Pool Features

In Ground

Building & Association

Building Name

WASHINGTON PLACE

Association

No

Lot & Construction

Lot Features

Less Than 1/4 Acre Lot

Lot Size Square Feet

7,500

Waterfront

No

View

None

Construction Materials

Concrete Block Construction, Frame With Stucco

Roof

Flat Roof With Facade Front

New Construction

No

Public Records

Parcel Number

01-32-07-032-0280

Tax Annual Amount

$27,703

Tax Year

2,025

Zoning

0104

County Or Parish

Miami-Dade County

Location