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
296
Last Updated
Property Type
Quadruplex
Square Ft.
2,837
Year Built
1926
MLS Number
A11873091
Additional Details
Building
Built in 1926, Living area: 2837, Construction materials: "Block", "CBS", "Stucco", Toal building area: 2885, 4 total units
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