305-609-4190
1545 NE 104th St, Miami Shores FL 33138
Active Residential Waterfront

1545 NE 104th St, Miami Shores FL 33138

Miami Shores, FL, 33138

$2,499,000

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Garage

About This Property

Welcome to Miami Shores! This prime parcel presents an extraordinary opportunity to build your dream home in one of the most tranquil and sought-after neighborhoods. Just minutes from the Intracoastal Waterway and the pristine sands of the beach, this location offers the perfect blend of serenity and accessibility. Plans in progress, no yet approved. Here, a ready-to-build project where meticulous architectural craftsmanship is evident from the moment you walk into the two-story living room. Adding to its unmatched appeal, the property also offers direct access to Beautiful Biscayne Bay in the most exclusive area of Miami Shores. Enjoy 75 feet of prime water frontage, a private dock, and raised seawall with deep water access and no fixed bridges to the ocean—perfect for large boats and yachts

Property Details

MLS #

A12106340

Status

Active

Property Type

Land/Boat Docks

Sub Type

Residential

Days on Market

1

Pool

No

Waterfront

Yes

HOA Fee

None

Est. Insurance

$833/mo

Tax Year

2024

Tax Amount

$6,269

Garage

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Lot Size

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MLS Area

River Bay Park Addn

Subdivision

RIVER BAY PARK ADDN

Mortgage Calculator

Flood Zone & Insurance

Flood zone data not available for this listing. Check FEMA directly

Investment Analysis

$17,493
Est. Monthly Rent
1.4%
Cap Rate
7.2%
Cash-on-Cash
$35,746
Net Operating Income

ROI Projections (4% Annual Appreciation)

144%
5-Year ROI
Value: $3,040,416
312%
10-Year ROI
Value: $3,699,130
508%
15-Year ROI
Value: $4,500,558

Estimates based on area averages. Actual returns may vary. Consult a financial advisor.

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