Unapproved Short Sale. Fully Remodeled & Income-Producing Duplex in Wynwood with 13 units potential. Rare opportunity to acquire a fully remodeled, income-producing duplex in the heart of Wynwood with exceptional redevelopment potential. Currently 100% leased, this property provides immediate cash flow while offering significant future upside for investors and developers.Zoned… Read More T4 with the NRD-2 Overlay, the property allows for the development of up to 13 residential units, making it an ideal opportunity to capitalize on one of Miami’s most dynamic and rapidly growing neighborhoods. An added advantage is the ability to develop without on-site parking requirements through contribution to the applicable parking fund, maximizing the site’s development potential and design flexibility.Located near Wynwood, Midtown Miami, the Design District, Downtown Miami,and major transportation corridors, this property combines current income with long-term development value.Property Highlights: Approved Short Sale, Fully remodeled duplex, Fully rented with immediate income, T4 Zoning with NRD-2 Overlay, Development potential for up to 13 residential units, No on-site parking requirement with contribution to applicable parking fund, Prime Wynwood location, Minutes from Midtown, Design District, Downtown Miami, and I-95,Excellent opportunity for investors and developers.Buyer to independently verify zoning, density, development rights, and parking requirements. Read Less
Courtesy of Lifestyle International Realty 305-809-8085
Listing Snapshot
Days Online
130
Last Updated
Property Type
Duplex
Square Ft.
1,576
Year Built
1939
MLS Number
A11711586
Additional Details
Building
Built in 1939, Living area: 1576.0, 2 stories, Construction Materials: Block
Community
2 units in community
Cooling
Central Air, Electric
Floors
Tile
Heating
Separate Meters, Central
Income
Gross Income: $5,600
Property
Resale
Roof
Shingle
Sewer
Public Sewer
Taxes
Parcel Number: 0131250190690, Annual Amount: $17,639, Legal Description: WYNDWOOD PARK PB 5-23 LOT 16 BLK 4 OR 15022-1087 0291 4 COC 26141-3266 01 2008 5, Year: 2023, Zoning: 3900
Utilities
Cable Available
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