USD 1,900,000
1235 NW 54th St
Miami, Florida 33142
For Sale
Property Description
Opportunity with Existing Cash Flow of $144K- generate solid income while development plans are approved. This site offers great visibility and exposure on major developing corridor nw 54 st an important east-west corridor. Property consist of two folios, 2930 SF building on 19000 SF mixed use T5O zoned lot. Zoning allows to build by right (65du/acre) which will allow to build 28 units with commercial on the ground floor located in Miami. Currently the site houses three fully remodeled residential units- 3BED/2BD, 2 BED/2 BATH; 1BED/1 BATH and an automotive dealership with multi bays. The neighborhood is a growing quickly rapidly in importance and is directly in the path of development and transformation, as all neighborhoods immediately to its east such as Little Haiti, Design district.
Listed by Fausto Commercial Realty Consultants Inc
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Property Details
- ID #
- A11221730
- Status
- Sale
- Type
- Commercial, Industrial, Retail
- Zip Code
- 33142
- Year Built
- 1948
- Occupancy
- Call Listing Agent
- Road Frontage
- City Road
- Type of Building
- Commercial/Residential Income
- Utilities
- Internet
- Zoning Information
- 6101
