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*Foreclosure Opportunity* - 901 Wallace St Coral Gables, FL 33134 - $249,900


This corporate-owned single-family home in North Gables was actively listed for sale last week.

Property Characteristics

* 2 Bedrooms
* 1 Bath
* 1,072 SF (Living Area)
* 6,955 SF (Lot Size - 65 x 107)
* Year Built = 1946

This home is located on Wallace Street, a semi-private road not accessible from Tamiami Trail (SW 8 ST). It is only accessible from the south via Venetia Terrace, giving the entire block that child-friendly neighborhood feel you thought was only achievable 30 miles away from Downtown Miami.

The home features a brick-paved driveway leading one to the entrance of the home. The interior is graced by an ample living area, a kitchen equipped with Thermofoil cabinets and black granite counter tops (missing appliances), 2 bedrooms with decent closet space (at least for Coral Gables standards), and one hallway bathroom. Windows and doors look like they were replaced not long ago.

The home appears to be in move-in condition. Of course, some interior alterations, a little bit of paint, and a little TLC won’t hurt. The good news is that no bootleg additions have been made to the original structure. Previous owners have maintained the structure’s architectural integrity throughout the years - a good thing.

It’s current design, coupled with a large lot with plenty of room in the back and the south side of the property, allows future owners to add living space to the existing structure (i.e. a master bedroom with a walk-in closet and a master bath) and still have room for outdoor amenities.

This home last sold for $590,000 in January 2006.

Can somebody call the “task force”?

Inquiries regarding this lovely home can be made at 305-491-7179 (that’s me) or 786-586-5844 (that’s Raul). Operators are standing by.

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