Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
| Pets: | No Pets Allowed |
| Lot Size: | 0.20 Acres |
Financials
Price:$1,990,000
Annual Taxes:$17,672
Listing Courtesy of Fausto Commercial Realty Consultants Inc
Positioned on an 8, 822 SF lot with a 1, 968 SF existing building, this 4 unit property is already producing 4, 400 m giving a developer in place income ...
Description
Positioned on an 8,822 SF lot with a 1,968 SF existing building, this 4-unit property is already producing $4,400/m giving a developer in-place income to help offset holding costs while advancing plans and permits. The attached plans envision a boutique 5-story, 12-unit multifamily with ground-level parking (11 spaces) and typical floors of three 2-bed/1-bath residences—about 10,000 SF of living area across levels 2–5. Walkable to Normandy Isle Park & Pool and a short hop to Normandy Shores Golf Club—amenities that help lease quickly. Daily convenience via trolley to Collins Ave and Town Center, plus easy causeway access for commuters—broadening your renter pool beyond beach workers to mainland employment centers. **Request the full OM, plan set, and pro forma or schedule a site tour.
Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11871019
Amenities
- LessThanQuarterAcre
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.
