USD 595,000

Miami, Florida 33127

For Sale

Property Description

Excellent investment opportunity strategically located close to Wynwood and the Health District. Area with high demand for lease with near-zero vacancy rate for rental units.
Sale contingent upon obtaining City of Miami Building Permit. Plans are currently in the final rounds of the building permit process. Price includes among others Construction Plans and MDC Impact Fees. Prospective buyer shall only pay for Permit Fees at City of Miami
Approved plans allow the construction of a multifamily 2 story building with 6 apartments (2b-2b) and 8 off street parking spaces. Outstanding ROE and tax benefits for qualifying as Opportunity Zone. Additionally, prospective buyer may adhere to a construction lump sum contract with experienced General Contractor at a competitive fixed price.

Listed by Brickell Investment Realty

Property Details

ID #
A10898505
Status
Sale
Type
Commercial, Land
Zip Code
33127
Building Area
525ft2
Lot Area
8,146ft2
Water Source
City/mains water
Septic
City sewer
Fuel Type
Electric
Location
City Location, Near School
Lot
Less Than 1 Acre
Road Type
City/County Maintained, County Road, Legal Access Road
Utilities
Internet
Utilities Available
Trash Removal
Zoning Information
3900

Neighbourhood Map

Map is not available for this listing
Listing content provided by the Miami Association of REALTORS

Similar Listings