*JV Development Opportunity* Amazing opportunity to purchase a waterfront property sitting on over an acre of land w / 44 units below appraised value! With 320 linear feet of bayfront, property features waterfront pool and sun deck, breathtaking views of sun

7927 EAST DR, North Bay Village

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      Address7927 EAST DR, North Bay Village
      Type of BusinessApartments, Residential-Multi-Family
      Business LocationCity Location
      Property StyleIncome Waterfront
      Price0
      Previous Price$10,980,000 (7 days ago)
      Property StatusActive
      MLS NumberA10992584
      Property Size44800
      Lot Size44800
      Year Built1961
      Folio Number23-32-09-001-0290
      Zoning Information4000
      Days on Market178

      Detailed Description: *JV Development Opportunity* Amazing opportunity to purchase a waterfront property sitting on over an acre of land w / 44 units below appraised value! With 320 linear feet of bayfront, property features waterfront pool and sun deck, breathtaking views of sun-drenched skies and lush greenery, and amazing potential for future development. All units feature upgraded interiors such as wood cabinetry, granite countertops, SS appliances, and modern baths. Waterfront units feature spacious balconies w / sliding glass doors. Roofs replaced in 2018. Surrounded by new lux apartment buildings, property provides an idyllic setting at an affordable price for residents – ensuring stable tenancy for the property owner. Favorable financing terms in place for buyer to assume. Unit mix: 32 2BDs, 10 1BDs, 2 3BDs

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      Address Information
      StateFlorida
      CityNorth Bay Village
      CountyMiami-Dade County
      Zip Code33141
      Address7927 EAST DR
      Business LocationCity Location
      Section9
      Zip Code (4 Digits)3338
      Financial Information
      Price0
      Price per Foot$0
      Previous Price$10,980,000
      Folio Number23-32-09-001-0290
      Possession InformationFunding
      Full Descriptions
      Detailed Description*JV Development Opportunity* Amazing opportunity to purchase a waterfront property sitting on over an acre of land w / 44 units below appraised value! With 320 linear feet of bayfront, property features waterfront pool and sun deck, breathtaking views of sun-drenched skies and lush greenery, and amazing potential for future development. All units feature upgraded interiors such as wood cabinetry, granite countertops, SS appliances, and modern baths. Waterfront units feature spacious balconies w / sliding glass doors. Roofs replaced in 2018. Surrounded by new lux apartment buildings, property provides an idyllic setting at an affordable price for residents – ensuring stable tenancy for the property owner. Favorable financing terms in place for buyer to assume. Unit mix: 32 2BDs, 10 1BDs, 2 3BDs
      Year Built DescriptionResale
      How to ReachFrom 79th St in Miami mainland, head east to Biscayne Bay, Turn Left into Harbor Island, and turn right onto East Dr. property on right.
      Waterfront DescriptionNo Fixed Bridges, Seawall
      Roof DescriptionBuilt-Up, Other
      Floor DescriptionTile, Wood
      Cooling DescriptionWall / Window Unit (s)
      Heating DescriptionWall / Window Units
      Water DescriptionPublic
      Sewer DescriptionPublic Sanitation
      Parking DescriptionOn Street
      Property parameters
      Living Area44800
      Lot Size44800
      Total Acreage1.020
      Zoning Information4000
      Maximum Leasable Size44800
      Year Built1961
      Type of BusinessApartments, Residential-Multi-Family
      StyleIncome Waterfront
      Construction TypeCBS Construction,Other
      Stories Number2
      Listed withUrban Resource LLC