Property

Ownership: For Sale
Type: Unknown
Pets: Pets No
Lot Size: 16377 Acres

Financials

Price:$1,600,000
Annual Taxes:$6,348
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of Worth International Realty, Inc

Description

DEVELOPMENT OPPORTUNITY! Site plan development phase, two lots being sold 1841 / 1847 Mayo Street, for a combined total of 16,377 sq ft. A potential income opportunity for luxury apt. complex. Zoned high-intensity, multi-family, build up-to 42 units (1/1) or 32 units combined consisting of studios (4), one bedrooms (14) and two bedrooms (14). The possibilities are endless with these two properties combined. Rental properties are in high demand in this growing market. Current rental income $1500 per home that sits on these properties, below market value. Paying month to month tenants.

Amenities

  • ElectricityAvailable
  • PhoneAvailable
  • SewerAvailable
  • TrashCollection
  • WaterAvailable

Neighborhood

More listings:

DEVELOPMENT OPPORTUNITY !


    Long Island MLS

    All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

    All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.