Income producing 4 plex configured as two separate duplexes on a rare 13, 500 SF T4 O corner lot in Miami's fast growing Allapattah Wynwood edge corridor.
2900 10th Avenue
Miami, FL 33127
Listing
| Web ID: | 5847553 |
|---|---|
| Website: | https://www.nestseekers.com/5847553 |
Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
| Area: | 3640 sq ft |
Financials
Price:$1,500,000
Annual Taxes:$13,500
Description
Income-producing 4-plex — configured as two separate duplexes — on a rare 13,500 SF T4-O corner lot in Miami's fast-growing Allapattah/Wynwood-edge corridor. The property delivers steady in-place rental income today (approximately $8,000/month) while offering significant long-term upside under flexible T4-O zoning, which permits multifamily, townhomes, live/work, and mixed-use development. Hold it as a stabilized cash-flowing asset, reposition the units, or land-bank for future redevelopment on a corner site with dual frontage.Major upside: the adjacent lot at 1027 NW 29 Street is also available and already carries site-plan approval for a 50-unit, 8-story mixed-use building. Acquire both together to control a ±24,187 SF assemblage — phase two separate projects, or combine the parcels to expand the approved development and add structured parking. Minutes to Wynwood, Midtown, the Design District, Edgewater, and Downtown Miami, with direct I-95 access. A rare chance to own cash-flowing multifamily with a built-in development play next door.
Virtual Tour: https://www.propertypanorama.com/instaview/mia/A12073273
Amenities
- Cable Not Available
Location
Contact
Listing Courtesy of Fausto Commercial Realty Consultants Inc