Exceptional value-add multifamily investment opportunity in the heart of Miami's rapidly evolving Allapattah submarket. This 1-acre property currently consists of 24 apartment units, offering immediate income potential while providing significant long-term redevelopment upside.The property presents a rare opportunity to acquire a large infill site in one of Miami's most active… Read More growth corridors. Existing rental income can help offset carrying costs while a new owner evaluates redevelopment, repositioning, renovation, zoning enhancements, density increases, Live Local Act opportunities, or other value-creation strategies. Located within close proximity to major employment, transportation corridors, the Health District, Downtown Miami, Wynwood, and Miami International Airport, the site is well-positioned to benefit from continued neighborhood growth and investment. Property is being offered for sale as-is. Buyers are encouraged to conduct their own due diligence regarding zoning, land use, density, redevelopment potential, and all municipal approvals. Do not disturb tenants. Showings by appointment only. Read Less
Courtesy of Midtown Realty International 305-253-5600
Listing Snapshot
Days Online
1
Last Updated
Property Type
Multi Family
Square Ft.
13,818
Lot Size
1 Acres
Year Built
1958
MLS Number
A12042703
Additional Details
Building
Built in 1958, Toal building area: 13818
Lot
1 acre
Property
Zoning: 3900
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