This 7, 100 square foot lot in Wynwood Norte presents a unique opportunity to develop multifamily housing or a single family home in one of Miami s fastest growing emerging ...


Property

Website:https://www.nestseekers.com/5496672
Address:
Miami, FL 33127
Ownership: For Sale
Type: Unknown
Lot Size: 0.2 Acres

Financials

Price:$1,250,000
Annual Taxes:$13,324

Description

This 7,100-square-foot lot in Wynwood Norte presents a unique opportunity to develop multifamily housing or a single-family home in one of Miami’s fastest-growing emerging neighborhoods. While your permits are being approved, the property can generate approximately $52,800 in annual income, with tenants covering all utility expenses and the owner responsible for only about $13,000 per year in property taxes. Don’t miss this exceptional investment opportunity with immediate income potential and long-term development upside.

Amenities

  • CableAvailable
  • ElectricityAvailable
  • NaturalGasAvailable
  • PhoneAvailable
  • SewerAvailable
  • TrashCollection
  • WaterAvailable

Contact

888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of Miami Residential Group