$1,370,000

$1001/sq ft

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Overview

Bedroom

3

Bath

1

Year Built

1938

Garage

2

Sqft

1368

Property Type

Single Family Residence

Property Description

This property features a partially completed renovation, with the first phase already successfully finished. The second phase is fully approved and ready for completion, allowing for the conversion of the current home from a 3-bedroom, 1-bathroom into a modern 4-bedroom, 3-bathroom layout. The residence boasts significant structural and mechanical upgrades, including a new metal roof, a brand-new A/C system, and a newly installed in-ground swimming pool, adding immediate lifestyle and rental appeal. With approved permits already in place, the buyer can move forward immediately without the usual bureaucratic delays. This represents an excellent opportunity to add substantial value in a highly desirable Miami Shores location, making it ideal for both owner-occupants and investors. The planned expansion adds 1,000 SqFt, bringing the home to approximately 2,000 SqFt of total living area. This final layout will feature a spacious 4/3 residence, complete with a brand-new kitchen and two additional full bathrooms. Located on a beautiful tree-lined street, you are just minutes from top-rated schools, Biscayne Blvd, I-95, beaches, Downtown Miami, and the Design District. Whether you are seeking a high-margin fix-and-flip, a stable long-term rental, or a customizable primary residence, this property significantly reduces project timelines in a market with strong property values. Capitalize on this turnkey expansion project and maximize your ROI in a premier location.

Property Details

MLS#

A11932128

Garage

2

Address

108 111th St NW

City

Miami Shores

State/county

FL

Zip/Postal Code

33168

Area

Miami Shores Extension

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$15,708

Maint Fee

$--

Tax Year

2025

Electric Water Heater

Microwave

Refrigerator

Garden

Other

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Boris Gelfand