Redevelopment play with built in income.


Property

Website:https://www.nestseekers.com/5469697
Address:
Miami, FL 33145
Ownership: For Sale
Type: Duplex

Financials

Price:$750,000
Annual Taxes:$11,498

Description

Redevelopment play with built-in income. T3O zoning permits modern multi-unit or townhome construction. Three existing units could bring in roughly $60,000/year gross, estimated, enough to carry the property through entitlement. Sold as-is; the land drives the deal, the rent is the cushion. Sized and positioned for a builder who wants the lot working before the first permit is pulled.

Amenities

  • CableNotAvailable
  • LessThanQuarterAcre

Contact

888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of Compass Florida, LLC