5 months on rocket

8221 Crespi Blvd, Miami Beach, FL, 33141

$1,950,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
5 Full Baths
3,104 SqFt
$628/SqFt
House

Location

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8221 Crespi Blvd, Miami Beach$1,950,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOther
Year Built1956
HeatingHeat Pump, Wall Furnace
CoolingCeiling Fan(s), Wall/Window Unit(s)
WaterfrontBay Front, Bridge, Water Access, Ocean Access
ViewBay
MLS #A11619556
StatusActive

About 8221 Crespi Blvd

Miami Beach development potential! This 2-unit multi-family development offers waterfront views, a private dock with one fixed bridge access to the ocean. This duplex has a two bedroom two bathroom in the front, and three bedroom and three bathroom in rear with water views. This unique opportunity sits amongst a quiet neighborhood within walking distance to the beach and Miami's famous Collins Avenue, including prestigious dining, shopping, and nightlife in nearby Surfside and Bal Harbor. The neighborhood is undergoing redevelopment with many new high rise and retail buildings under construction nearby on the 79th causeway. Current rent roll - $7750. Buildable square footage max FAR 1.25, which allows 7,188 sq feet living.

Property Details

Property Features

Property Information:

  • Architectural Style: Duplex
  • Year Built: 1956
  • Living Area: 3,104 SqFt

Listing Office:

  • Office Name: The Corcoran Group
  • Office Phone: (305) 395-4982
  • Listing Agent: Julian Johnston

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal
  • Flooring Type: Ceramic Tile, Tile, Vinyl
  • Interior: Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: Bay Front, Bridge, Water Access, Ocean Access
  • View: Bay
  • Exterior: Other

Parking Information:

  • Parking: Other

Virtual/3D Tour

  • Virtual Tour: 8221 Crespi Blvd
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Utilities

Utilities Information:

  • Heating: Heat Pump, Wall Furnace
  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,950,000
  • Price Per SqFt: $628/SqFt

Tax Information:

  • Annual Amount: $5,301
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Miami Beach, FL.

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Miami Beach, FL

City

Med. Sold Price

$617.5K

Med. Price/SqFt

$605

Avg. Days On Market

97

# of Sold Homes

73

8221 Crespi Blvd vs Miami Beach

156 DAYS ON ROCKET

+59 Days

$1,950,000

+$1.3M More

$628/SqFt

+$23 More

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price and $23/SqFt more than other homes in Miami Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11619556

Listing Office:

  • Office Name: The Corcoran Group
  • Office Phone: (305) 395-4982
  • Listing Agent: Julian Johnston

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/23/2024, 2:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$5,301$362,883
2018$4,668$250,671
2017$4,547$356,592

History based on county public records data.

Payment Calculator

$9,800

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,913

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1131291
6
/10

  • Biscayne Elementary School

  • 800 77th St

  • 0.46 miles

  • Public District Grades PK-5

school-card-donut-1131292
10
/10

  • Ruth K. Broad/Bay Harbor K-8 Center

  • 1155 93rd St

  • 1.23 miles

  • Public District Grades PK-5

school-card-donut-1131293
7
/10

  • Treasure Island Elementary School

  • 7540 E Treasure Dr

  • 2.02 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,779. Most Miami Beach, FL residents have annual incomes between $35k-100k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8221 Crespi Blvd

What is the listing price of this property?

The listing price of 8221 Crespi Blvd property is $1,950,000.

What type of property is this?

The property 8221 Crespi Blvd is a house located in Miami Beach, Florida, 33141.

Is this property for sale now?

Active Listing: 8221 Crespi Blvd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,301 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 8221 Crespi Blvd has 5 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 8221 Crespi Blvd is 3,104 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8221 Crespi Blvd is 1956.

Rocket Homes›Florida›Miami-Dade County›Miami Beach›33141›8221 Crespi Blvd

This home is located at 8221 Crespi Blvd in Miami Beach, FL and zip code 33141 in the Biscayne Point neighborhood. This 3,104 square foot home was built in 1956. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since July 19, 2024 and is currently priced at $1,950,000.

In November 2024, from all listings sold in Miami Beach, FL there were more than 2 sold above asking price, over 65 sold below and more than 6 were sold right at the asked price. In November 2024 in Miami Beach, FL there were 14.3% more homes for sale than in October 2024. In November 2024 median list price was $617,500 and the average listing age was 97 days.

From Rocket Homes Real Estate and based on county public records data.

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