Located in a coveted Opportunity Zone, this 5-unit multifamily property boasts over $100,000 in permitted electrical & plumbing upgrades, ensuring reliable infrastructure. Zoned T-5-R, there's great potential for higher-density mixed-use development, allowing up to 5 stories with retail, office, and residential spaces—unlocking significant value appreciation. Durable concrete block construction, there… Read More is a mix of 1, 2, and 3-Bedroom units, each with separate electric meters for tenant convenience. Spacious front & back yards, perfect for making desirable common areas for potential new tenants. Not in a flood zone, this investment offers a strong cap rate, making it a rare find in Miami’s competitive market. Bringing rents up to current market will also dramatically improve your returns! Read Less
Courtesy of The Keyes Company 305-247-7221
Listing Snapshot
Days Online
334
Last Updated
Property Type
Multi Family
Square Ft.
2,837
Lot Size
0.15 Acres
Year Built
1926
MLS Number
A11854539
Additional Details
Property Access
Road frontage type: "City Street"
Building
Built in 1926, Building features: "Exterior Lighting", "Fenced Area", "Laundry Facilities", Construction materials: "Block", "CBS", "Stucco", Toal building area: 2837, 5 total units
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