Welcome to 7905 Crespi Blvd, located in the beautiful city of Miami Beach, FL 33141. This residential income property is a charming waterfront duplex with a bonus studio, situated in the desirable Biscayne Point community.

Built in 1947, this property offers a unique opportunity with a CAP Rate of 3\%. The lot spans 5,750 Sqft, with the option to purchase the adjacent fourplex at 7885 Crespi Blvd for a total combined lot size of 11,500 Sqft. Imagine the possibilities of renovating, increasing rents, or even rebuilding to create up to 15-22 units by combining the two lots.

The property consists of three units, each featuring 2 bedrooms and 2 bathrooms, as well as a studio in the back. With a current monthly income of $4,095 and potential to increase to $6,400, this property presents a lucrative investment opportunity. All leases are month to month, providing flexibility for future plans.

In addition to the prime location and income potential, living in Miami Beach offers residents a vibrant lifestyle with beautiful beaches, world-class dining, and exciting entertainment options. Don't miss out on the chance to own this waterfront duplex in Biscayne Point - schedule your showing today!

7905 Crespi Blvd Miami Beach, FL 33141 duplex house for sale with MLS A11579853 located in BISCAYNE BCH SUB. If you want to buy Duplex - 7905 Crespi Blvd Miami Beach, FL 33141, call today!