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Address Not Available By Request

Miami, FL 33157
  • $975,000
  • STATUS: Active
  • ON SITE: 93 Days
  • MLS #: A11200492
UPDATED: 181 min ago
$975,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1955
County:

School Ratings & Info

Description

NEWLY PRICED! Multi-family/mixed-use investment property in one of Miami-Dade's fastest-growing locations. The building has six 1/1 apartment units and one (1) office/retail space. The office space can be converted into an additional residential unit PLUS laundry facility. PECUC Zoning (Perrine Community Urban Center) allows up to 90 units per acre (18 units for this property). Area is in a Redevelopment zone which will continue to increase values in the near to mid-term. Develop a brand-new 18-unit project or simply raise rents by upwards of 20% and enjoy a strong positive cash-flow. Miami is experiencing a tremendous increase in market rents and they're still accelerating. Median rents for a 1 bed / 1 bath unit under 1000 SF = $1,717 ($2,004 average) in Miami-Dade. Don't miss this!

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Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2022-08-08T23:51:42.383.
www.buyingsoflo.com/homes/128467555
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Address Not Available By Request Miami, FL 33157

  • Price: $975,000
  • Status: Active
  • On Site: 93 Days
  • Updated: 181 min ago
  • MLS #: A11200492
0
Beds
0
Baths
0
½ Baths
0.2
Acres
1955
Built
County:
Miami-Dade
Property Description
NEWLY PRICED! Multi-family/mixed-use investment property in one of Miami-Dade's fastest-growing locations. The building has six 1/1 apartment units and one (1) office/retail space. The office space can be converted into an additional residential unit PLUS laundry facility. PECUC Zoning (Perrine Community Urban Center) allows up to 90 units per acre (18 units for this property). Area is in a Redevelopment zone which will continue to increase values in the near to mid-term. Develop a brand-new 18-unit project or simply raise rents by upwards of 20% and enjoy a strong positive cash-flow. Miami is experiencing a tremendous increase in market rents and they're still accelerating. Median rents for a 1 bed / 1 bath unit under 1000 SF = $1,717 ($2,004 average) in Miami-Dade. Don't miss this!
Exterior Features

Construction Materials Cbs Construction Frontage Length 250 Inclusions Building & Land Parking Features Assigned Parking Total 6 Pool Private YN No Roof Composition Roll View YN No Waterfront YN No

Interior Features

Building Area Total 2819 Flooring Ceramic Floor Stories 1

Property Features

Accessibility Features Handicap Parking Association YN No Business Type Apartments Electric 101-200 Amps Horse YN No New Construction YN No Ownership Corporation Property Condition New Construction Public Survey Section 32 Security Features Security FenceSecurity Lights Senior Community YN No Special Listing Conditions Sale Tax Annual Amount 5435 Year Built Details New Construction Zoning 7061

Listing courtesy of Keller Williams Eagle Realty.


Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2022-08-08T23:51:42.383.
 
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GK Realty Group LLC
1401 N University DR #407
Coral Springs FL, 33071