75 NE 49th St, Miami, Florida 33137 USA

$950,000  Single Family MLS® A12039078

About this Property

Attention developers, investors, and savvy primary buyers! Located in the highly sought-after Bellaire subdivision, this property sits right in the path of rapid luxury redevelopment, where single-family lots are being transformed into modern new build construction. Beyond the immediate value-add potential, the true luxury of this property is its central location. This is one of the finest single-family neighborhoods situated near Miami's metro urban core, offering the perfect blend of residential autonomy and immediate proximity to the city's absolute best points of interest. Walk or bike to the world-class luxury retail and dining of the Miami Design District and the bohemian-chic shopping and dining at Upper Buena Vista. The NE 2nd Ave corridor is lined with shops, bakeries, restaurants. Best of all, the property is located entirely outside of a flood zone, saving on insurance, simplifying future development, and safeguarding your investment. The property features a versatile layout consisting of a 2-bedroom, 1-bathroom main home plus an ancillary unit in the back. Whether you choose to renovate the existing structure to capture premium market rent or build brand new from the ground up, the upside is undeniable. Capitalize on this prime Miami location today! Renderings are for illustrative purposes only.

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Disclaimer

MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. This property is courtesy of Coldwell Banker Realty.