768 NE 72nd St, Miami FL 33138

WASHINGTON PLACE

$2,150,000
5 Bedrooms
5 Bathrooms
2,931 SQFT
$734 / SQFT

Request Information

Thomas Pichet
Thomas Pichet
+1 561-945-4345
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$2,150,000
768 NE 72nd St, Miami FL 33138
WASHINGTON PLACE
5 Beds
5 Baths
2,931 SQFT

Key Information

Lot Size 7,500 sqft
Year Built 1925
Price/sqft $734/sqft
DOM 10 Days
MLS # A12113805
Status Active

Description

RARE OPPORTUNITY IN A DESIRABLE MIAMI HISTORIC NEIGHBORHOOD! Located on a quiet dead-end street, just 2 blocks from the waterfront and park, near seven new luxury waterfront estates reportedly priced from $8M-$18M. NOT A TEARDOWN! This fully livable, currently occupied home has a solid existing structure and exterior. Selling with approved renovation plans and permits to transform the property into an approximately 3,350 SF, 5-bedroom, 5-bathroom luxury residence with only a small addition. SAVE NEARLY TWO YEARS OF APPROVALS! Navigating the strict historic district requirements took nearly two years. The next owner benefits from this extensive work already completed, subject to permit status and transfer requirements. The property features a beautiful pool built just a few years ago, mature trees, lush landscaping and a private tropical setting. Nearby renovated homes have reportedly sold for $1,100-$1,300/SF, suggesting a projected after-renovation value of $3.7M-$4M, depending on finishes and market conditions. Ideal for investors or end users seeking a luxury renovation opportunity in a rapidly appreciating neighborhood. PHOTO DISCLOSURE: Front exterior image is digitally edited to illustrate the proposed post-renovation appearance, not the home's current condition. Actual results may vary.

Property Information

  • Price: $2,150,000
  • Prices/sqft: $734/sqft
  • Tax Year: 2025
  • Tax annual amount: $27,703

  • Property subtype : Single Family Residence
  • Property type : residential
  • MLS # : A12113805
  • Front Exposure: North
  • Stories: 2
  • View: None

  • Design Description: Detached, Two Story
  • Construction: Block,Frame,Stucco
  • Year Built Details: Effective Year Built

  • Spa: Yes
  • Pool: Yes
  • Pool Features: In Ground, Pool

  • City: Miami
  • County: Miami-Dade
  • State: FL
  • Parcel Number: 01-32-07-032-0280
  • Subdivision Complex Bldg: WASHINGTON PLACE
  • Zoning Information: 0104

  • Garage Spaces: 0.0
  • Parking Description: Driveway
  • Carport Spaces: 0.0

  • Heating Description: None
  • Cooling Description: Central Air
  • Water Description: Public
  • Sewer Description: Public Sewer

  • Room Count: 0
  • Interior Features: Bedroom On Main Level, First Floor Entry
  • Equipment Appliances: Microwave
  • Exterior Features: Awnings

Contact

Thomas Pichet
Thomas Pichet
CEO & Broker
+1 561-945-4345
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