Palmetto Bay, FL 33157

Property

Ownership: For Sale
Type: Residential
Lot Size: 0.3 Acres

Financials

Price:$2,380,000
Annual Taxes:$3,696
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of EXP Realty LLC

Exceptional development opportunity for investors and developers to build a 51 unit multifamily project in a prime Miami location within a designated Opportunity Zone.

Description

Exceptional development opportunity for investors and developers to build a 51-unit multifamily project in a prime Miami location within a designated Opportunity Zone. Property includes preliminary architectural drawings, allowing for an expedited development timeline. Ideal for Section 8 rentals, offering strong demand and stable cash flow. Seller financing available at a very low interest rate, providing an attractive and flexible capital structure. Rare opportunity to acquire a high-yield multifamily project with favorable tax advantages and financing terms. Contact us today!

Amenities

  • Other

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.