Property
| Ownership: | Limited Partnership |
|---|---|
| Type: | Unknown |
| Bedrooms: | 3 BR |
| Bathrooms: | 2 |
| Pets: | Pets No |
FinancialsPrice:$595,000Annual Taxes:$6,599
Price:$595,000
Annual Taxes:$6,599
Listing Courtesy of Douglas Elliman
DescriptionUpdated home for owner user or rental income in Miami, FL between all the hot & gentrifying areas of Magic City, Little River and Swerdlow’s new mixed-use development of 5,700 units within blocks. Home currently generates $28,800 in annual rental income, providing cash flow. Large 3/1 on 7,100 sq ft lot, zoned T5-R, allows for the development of up to 10 townhomes or 20 affordable housing units in up to 5 stories, but nearly permit approved for 8 townhomes. Located in a designated Opportunity Zone, offering potential tax benefits for investors. The land is clear with no trees to remove, streamlining development and reducing yard work or tree mitigation. The property has utilities available & near major roads and public transit. Please do not contact or disturb the tenants.Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11874907Amenities- BedroomOnMainLevel
- ConvertibleBedroom
- FirstFloorEntry
- Garden
- LessThanQuarterAcre
- Refrigerator
- SelfCleaningOven
- Shed
- Sidewalks
Updated home for owner user or rental income in Miami, FL between all the hot & gentrifying areas of Magic City, Little River and Swerdlow’s new mixed-use development of 5,700 units within blocks. Home currently generates $28,800 in annual rental income, providing cash flow. Large 3/1 on 7,100 sq ft lot, zoned T5-R, allows for the development of up to 10 townhomes or 20 affordable housing units in up to 5 stories, but nearly permit approved for 8 townhomes. Located in a designated Opportunity Zone, offering potential tax benefits for investors. The land is clear with no trees to remove, streamlining development and reducing yard work or tree mitigation. The property has utilities available & near major roads and public transit. Please do not contact or disturb the tenants.
Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11874907
- BedroomOnMainLevel
- ConvertibleBedroom
- FirstFloorEntry
- Garden
- LessThanQuarterAcre
- Refrigerator
- SelfCleaningOven
- Shed
- Sidewalks
Updated home for owner user or rental income in Miami, FL between all the hot amp ; gentrifying areas of Magic City, Little River and Swerdlow s new mixed use ...
- Renovated 3/2 in hot areas of Magic City, Little River & near Swerdlows' Mixed Use development.
- Night views
- Updated kitchen
- Udpated kitchen
- Living room looking at the entry door
- Renovated to a 3/2
- Renovated to a 3/2
- 1 of 2 bathrooms
- Converted to 3/2
- 1 of 2 bathrooms
- Ample off-street parking. View of front of home.
- View from back yard of from 3/2 home and the back structure used as laundry and storage on 7,100 SF
- Used as laundry room and storage. Zoning allows from 10 to 20 units
- Back separate structure used as laundry room
DescriptionUpdated home for owner user or rental income in Miami, FL between all the hot & gentrifying areas of Magic City, Little River and Swerdlow’s new mixed-use development of 5,700 units within blocks. Home currently generates $28,800 in annual rental income, providing cash flow. Large 3/1 on 7,100 sq ft lot, zoned T5-R, allows for the development of up to 10 townhomes or 20 affordable housing units in up to 5 stories, but nearly permit approved for 8 townhomes. Located in a designated Opportunity Zone, offering potential tax benefits for investors. The land is clear with no trees to remove, streamlining development and reducing yard work or tree mitigation. The property has utilities available & near major roads and public transit. Please do not contact or disturb the tenants.Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11874907Amenities- BedroomOnMainLevel
- ConvertibleBedroom
- FirstFloorEntry
- Garden
- LessThanQuarterAcre
- Refrigerator
- SelfCleaningOven
- Shed
- Sidewalks
Updated home for owner user or rental income in Miami, FL between all the hot & gentrifying areas of Magic City, Little River and Swerdlow’s new mixed-use development of 5,700 units within blocks. Home currently generates $28,800 in annual rental income, providing cash flow. Large 3/1 on 7,100 sq ft lot, zoned T5-R, allows for the development of up to 10 townhomes or 20 affordable housing units in up to 5 stories, but nearly permit approved for 8 townhomes. Located in a designated Opportunity Zone, offering potential tax benefits for investors. The land is clear with no trees to remove, streamlining development and reducing yard work or tree mitigation. The property has utilities available & near major roads and public transit. Please do not contact or disturb the tenants.
Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11874907
- BedroomOnMainLevel
- ConvertibleBedroom
- FirstFloorEntry
- Garden
- LessThanQuarterAcre
- Refrigerator
- SelfCleaningOven
- Shed
- Sidewalks
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.
