Active640 Grand Concourse, Miami Shores FL 33138
About this home
Traditional colonial home for sale. This fixer-upper offers excellent bones and a brand-new roof installed in 2026. With 4 bedrooms and 4 bathrooms, the home is full of classic charm and solid structure, ready for a new owner to bring fresh vision and transform it into a standout residence that truly shines. The property also features an enormous 2-car detached garage and a huge pool accented with classic Miami stone finishes—perfect for creating a private outdoor retreat. Situated in an excellent location on the exclusive Grand Concourse, this home combines character, scale, and setting, offering a rare opportunity in one of the area's most desirable neighborhoods. *Currently being renovated, to include master ground level suite addition. See attachments for floor plans.
Features
- First Floor Entry
- Bar
- Built-in Features
- Den/Library/Office
- Family Room
- Utility Room/Laundry
- Fruit Trees
- None
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $20,732
- HOA
- None
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.