Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
Financials
Price:$2,400,000
Annual Taxes:$13,268
Listing Courtesy of Mari Real Estate & Management Group, Inc
LOCATION, LOCATION, LOCATION !
Description
LOCATION, LOCATION, LOCATION! Exceptional investment opportunity featuring flexible T5-O zoning, allowing for immediate income and future vertical redevelopment. Fully recertified fourplex comprised of four 2BD/1BA units, all currently on month-to-month leases. Property upgrades include new underground plumbing, separate electric and water meters, 4 assigned parking spaces plus 1 ADA space, and a roof approximately 7 years old.
Zoning allows for development up to 5 stories with potential for mixed-use (residential, retail, or short-term rentals). Ideally located just steps from Calle Ocho and José Martí Park, and minutes to Brickell, Downtown Miami, I-95, and SR-836. Positioned along Miami’s rapidly growing east-west corridor with future transit expansion expected to further drive demand.
Perfect for investors seeking cash flow with long-term upside or owner-occupants looking to capitalize on redevelopment potential in one of Miami’s most vibrant and high-demand neighborhoods.
Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11880979
Amenities
- CableAvailable
- LessThanQuarterAcre
Neighborhood
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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.