4 beds | 3 baths | #A11625067
Description
HOT DEAL! INVESTOR/DEVELOPMENT OPPORTUNITY. 4/3 Single home family in a huge double lot of 10,800 SF with excellent potential.
This is a TURNKEY PROPERTY, completely renovated and ready for rental with expected CAP rate of 9%. The land consists of two lots of 5,400 SF. each (Lot 20 & 21 BLK 12) zoned T3-O (open). Primary zone 5700 DUPLEXES–GENERAL.
MIAMI 21 Affordable Housing Program also allows DOUBLE DENSITY development with the opportunity and flexibility to build up to 8 Units!!
There are many options for development of this lot. Great location close to schools and shopping, within a few minutes to Wynwood, I-95, downtown Miami, beaches and the airport. Owner financing available up to 50% for qualified buyer (36 months balloon mortgage)
Interior Details
- InteriorFirst Floor Entry, Other
Beds & Baths
- Bedrooms4
- Bathrooms3
- Full Baths3
Property Details
- Lot DescriptionLess Than 1/4 Acre Lot
- Exterior MaterialsLighting
- ViewOther
Parking
- Parking TypeDriveway, Other, On Street
- Parking Spaces3
Construction Details
- Property TypePurchase
Condition
- Year Built1941
Utilities / Energy Details
- Utility SourceMunicipal Water
- Sewer InformationPublic Sewer
Community and Neighborhood Details
- Subdivision7TH AVENUE HIGHLANDS
Location
- CountyMiami-Dade County
Other
- MLS #A11625067
Location
Legal
MIAMI ASSOCIATION OF REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Marjo Realty Co. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS.
Last Updated: . Source: MAOR
Listing Courtesy
Listing Agent: Ana Goulart De Andrade (#3338942)
Listing Office: Xcellence Realty (#XCEL01)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.