2515 NE 182nd Street, North Miami Beach, FL 33160 (MLS# A12071061)

Supplements: COMPLETE PROPERTY SUMMARYINCOME- Currently leased, approximately $5,000/month, roughly $60,000 per year gross- Month-to-month tenancy, tenants in place- Rent roll available to qualified buyers on request- Sold subject to existing tenanciesWHAT IS ALREADY DONE- New impact windows throughout- New electrical panel- PVC supply plumbing- Owned solar sys ... (Read more) COMPLETE PROPERTY SUMMARYINCOME- Currently leased, approximately $5,000/month, roughly $60,000 per year gross- Month-to-month tenancy, tenants in place- Rent roll available to qualified buyers on request- Sold subject to existing tenanciesWHAT IS ALREADY DONE- New impact windows throughout- New electrical panel- PVC supply plumbing- Owned solar system (financed on an unsecured personal loan; no lien against title)- Renovated bathrooms, new drywall, laminate flooring- Newer A/CWHAT IS NOT- The roof is at the end of its service life and requires replacement. The price reflects it. Buyer should budget accordingly and confirm insurability; most carriers and lenders require a roof with remaining service life.- Realistic financing paths are cash, conventional with a repair escrow, or FHA 203K renovation financing.THE HOUSE- Legal single-family residence (Miami-Dade Property Appraiser: 1 living unit)- 3 bedrooms, 2 full baths, one story, first-floor entry- 1,475 SF living / adjusted / total- Original 764 SF structure built 1930; 711 SF addition built 1981- CBS (concrete block and stucco) construction- Three kitchen and prep stations: main kitchen plus separate kosher and utility sinks- Interconnected living areas that separate behind interior doors; more than one entrance- Guest / in-law configurationLOT AND SITE- 6,250 SF lot, 50 x 125- Circular drive plus additional driveway parking- Deck, mature avocado and mango trees, room for a pool- Garden outlook, east front exposureREDEVELOPMENT POTENTIAL- PA zoning 3050: UC-Edge Residential (R), maximum 2 stories- Miami-Dade Ojus Urban Area District. Under the county's Urban Center district regulations, the Residential (R) category in the Edge sub-district permits up to 18 dwelling units per net acre.- Applied to this 0.1435-acre parcel, that allowance supports roughly two dwelling units before setback, parking, platting and site-plan review.- Properties designated R are exempt from the district's minimum floor-area-ratio requirements.- The 2021 MLS listing for this property advertised the same 18-units-per-acre allowance and a future development opportunity.- 2026 county market value $453,560, of which $312,500 is land: 69 percent of total value sits in the dirt.- The existing structure dates to 1930, so redevelopment is a live option, and the in-place rent can carry a hold while entitlements are pursued.- Ojus continues to densify, with the county processing density increases within the surrounding district.- Buyer to independently verify density, height, setbacks, parking, platting, concurrency and all development rights with Miami-Dade Regulatory and Economic Resources (RER).LOCATION- Ojus, unincorporated Miami-Dade County- Approximately 1.5 miles to Aventura Mall- Approximately 1.5 miles to the Brightline Aventura station, with service to Miami, Fort Lauderdale, Boca Raton, West Palm Beach and Orlando- Biscayne Boulevard retail, grocery and dining within roughly a mile- Greynolds Park nearby; Atlantic beaches a short drive eastUTILITIES- Municipal water, municipal sewer, electric cooling, public roadOWNERSHIP, TAXES AND TERMS- Unincorporated Miami-Dade County; no municipal tax, no homeowners association- 2024 taxes $11,431; no homestead exemption- PACE assessment on the tax bill (A/C and windows); balance to be verified. Most conventional and FHA lenders require payoff at closing.- Flood Zone AE / X- Corporation owned, sold AS-IS- Tenant occupied; 24-hour notice, appointment through the listing officeBuyer to verify all measurements, square footage, zoning, permit history, lease terms and lot dimensions.