Located in the heart of Little Havana bordering Shenandoah, The Roads, and just minutes from Brickell, this income-producing multifamily property presents a rare investment and redevelopment opportunity in one of Miami’s most dynamic urban corridors. zoned T3OSituated at 1010 SW 14th Ave, this 2,600 SF multifamily residence features 5 bedrooms… Read More and 3 bathrooms and is currently generating over $5,000 in monthly rental income, offering immediate cash flow for investors. The property’s flexible layout allows it to be held as a performing rental asset or repositioned for future development.For developers and builders, the property can be delivered with approved plans to construct two modern townhomes with rooftop terraces, maximizing the value of its prime central location near Downtown, Coral Gables, and major employment centers.Surrounded by vibrant culture, dining, and rapid redevelopment, this property offers multiple exit strategies: hold for income, renovate, or build new luxury townhomes in a neighborhood experiencing strong demand and growth.A unique opportunity to acquire a high-performing asset with development upside in the urban core of Miami. Read Less
Courtesy of Douglas Elliman 305-677-5000
Listing Snapshot
Days Online
112
Last Updated
Property Type
Duplex
Square Ft.
2,600
Year Built
1976
MLS Number
A11982365
Additional Details
Building
Built in 1976, Living area: 2600, Construction materials: "Block", Toal building area: 2745
Cooling
"Central Air"
Fence
"Fenced"
Floors
"Tile"
Heating
"Separate Meters", "Central"
Lot
"Fruit Tree(s)"
Property
Zoning: 5700
Roof
"Barrel"
Sewer
"Public Sewer"
Taxes
Annual amount: $14,413
Utilities
"Cable Available"
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