Duplex with 1 1 BR 1 BA Unit R 2 Studio 1 BA UNIT F 3 Efficiency.

Duplex with (1) 1 BR/1 BA (Unit R) (2) Studio /1 BA (UNIT F) (3) Efficiency. Separate electrical for Unit F and Unit R. Shared Washer and Dryer in back. Lot size of 5,685 SF with a current zoning of T4-L. Future land use Master Plan changed to “Medium Density Commercial”, corresponding zoning T-5. The corresponding zoning under Miami 21 would be T5L or T5O, which allows commercial with residential uses. T5 would permit approx. 8.46 dwelling units in a 5-story building. The property borders T6-8 on the north (along 8th St.). The property being offered is priced as it is now in the Master Plan (T5). The property also benefits from access to 12-inch water main and 8-inch sewer lines fronting Home Depot. Property generates $46,800/annual rents. Price of $895,000 ($158/SF lot size of 5,670 SF).