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$ 1,100,000
Est. payment | /mo
8,300 Sqft Lot
$ 1,100,000
Est. payment | /mo
8,300 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 11394577
Year Built 1948
Annual Tax Amount $9,027
Lot Size 8,300 Sqft
Property Description
A prime opportunity in a highly sought-after neighborhood! It's an income-producing multi-family investment with a cap rate of over 3%. Spread across an 8,300 square foot lot, this property is zoned T5-0, allowing for up to 12 units. Currently, all units are rented through Section 8, providing a steady income stream. The existing structure features 1 one bedroom and 4 studio apartments. Its central location offers easy access to the vibrant Design District, major expressways, and is conveniently situated near beautiful beaches and airports.
Location
State FL
County Miami-dade County
Rooms
Kitchen 0
Building
Structure Type Masonry - Concrete Block
Others
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11681107
Nearby Locations
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LPT Network Realty