$1,500,000
Est. payment /mo
3,728 SqFt
Price Dropped by $400K
Address not disclosed Miami, FL 33125
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UPDATED:
09/30/2024 08:01 PM
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,728 sqft
Price per Sqft $402
MLS Listing ID A11648585
HOA Y/N No
Year Built 1978
Annual Tax Amount $12,352
Lot Size 6,400 Sqft
Property Description
Exceptional 5-unit multifamily property, zoned T6-8-R, offering incredible investment potential in a highly sought-after area. The property consists of three 2-bed/1-bath units, one 1-bed/1-bath unit, and a studio, catering to a diverse range of tenants. The T6-8-R zoning allows for high-density residential development, making this property a prime candidate for future redevelopment or expansion. Located in a vibrant neighborhood, the property is close to major transportation hubs, shopping, dining, and entertainment options, ensuring strong demand and high occupancy rates. This is a rare opportunity to acquire a versatile asset with significant upside in a rapidly growing market.
Location
State FL
County Miami-dade
Area 31
Interior
Heating Central, Other, Window Unit, Wall Furnace
Cooling Central Air, Other, Wall/Window Unit(s)
Building
Sewer Public Sewer, Other
Water Public, Other
Others
Tax ID 01-31-35-004-0230
Acceptable Financing Conventional, 1031 Exchange, Owner May Carry Second
Listing Terms Conventional, 1031 Exchange, Owner May Carry Second
Listed by Guillen