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Arden Russo

floridasunriserealty@gmail.com +1(831) 334-9711

Listed by Lucy Mangrum • LM Realty Group

$1,425,000

Est. payment - /mo

3 Beds

2 Baths

2,312 SqFt

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Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,312 sqft

Price per Sqft $616

Subdivision Millerdale

MLS Listing ID A12107063

Style Patio Home

Bedrooms 3

Full Baths 2

Year Built 1936

Annual Tax Amount $14,875

Tax Year 2025

Property Sub-Type Detached

Property Description

Investor Opportunity – Updated Old Florida Charmer on Oversized Buildable Lot with Duplex Zoning. Prime investment potential in one of Miami's most desirable neighborhoods. This fully updated 3-bedroom, 2-bath sits on an expansive 11,484 sq ft fenced lot, offering both immediate rental value and long-term development upside. Property features a free standing 1 bedroom/1 bathroom second story apartment with laundry room, ample storage and its own electric meter. The property is zoned T3-O Suburban, allowing single-family or two-family (duplex) construction with up to 2 stories (25' max to the eave)—a rare zoning advantage in this area. Whether you're looking to hold as a turnkey rental, expand the existing footprint, or redevelop into a duplex for increased cash flow, the possibilities are strong. The home features modern updates throughout, while the lot provides exceptional privacy with lush landscaping and mature tropical fruit trees. The oversized parcel offers ample space for future additions, ADU potential, or a complete redevelopment strategy. Located in a high-demand, centrally positioned neighborhood, this property combines charm, privacy, and significant upside—ideal for investors seeking flexibility, appreciation, and multiple exit strategies. Main house currently rented at $3700/mo and 1/1 unit at $2000/mo.

Location

State FL

County Miami- Dade

Area 2410

Interior

Interior Features Built-in Features, Separate/ Formal Dining Room, French Door(s)/ Atrium Door(s), Pantry, Separate Shower

Heating Central

Cooling Central Air

Flooring Wood

Fireplace No

Window Features Blinds

Appliance Some Electric Appliances, Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Water Heater, Washer

Exterior

Exterior Feature Fence, Fruit Trees, Porch, Room For Pool, Storm/ Security Shutters

Parking Features Driveway, On Street

Community Features None

Utilities Available Sewer Available, Water Available, Water Connected

View Y/N Yes

Water Access Desc Public

View Garden

Roof Type Composition, Shingle

Porch Porch, Screened

Private Pool No

Building

Lot Description Irregular Lot

Faces Southeast

Sewer Public Sewer

Water Public

Architectural Style Patio Home

Additional Building Garage Apartment

Others

Pets Allowed Yes

Senior Community No

Tax ID 01-41-09-039-0200

Security Features Smoke Detector(s)

Acceptable Financing Cash, Conventional, VA Loan

Listing Terms Cash, Conventional, VA Loan

Special Listing Condition Listed As- Is

Pets Allowed Yes

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12107063

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Martin County REALTORS® of the Treasure Coast (MCRTC MLS)

NEARBY SCHOOL & BUSINESS

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Arden Russo

+1(831) 334-9711

Agent License ID: 3540994

2967 SW 21st Miami, FL 33145

Arden Russo

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

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