32 photos
USD 1,200,000
670 NW 56th St
Miami, Florida 33127
For Sale
Property Description
8 unit Multifamily with 10,500 sqft corner lot zoned T68O. 7 studios and 1 one bed one bath.
Currently at a 5.5% Cap - Proforma - 7.98 % Cap - Airbnb Proforma: 14% Cap
Zoning allows for an array of uses including mix use residential, short term rental(Airbnb), commercial, retail, office, food and recreational, Alcohol service establishment, religious facility, pre-school, research facility. Zoning also allows to build up to 8 stories for future development.
Property is located just west of I-95 with easy access to the airport, Downtown, Brickell, 20 blocks to Midtown and design district, 40 blocks from Wynwood.
Listed by Fausto Commercial Realty Consultants Inc
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Property Details
- ID #
- A11306808
- Status
- Sale
- Type
- Commercial, Industrial
- Zip Code
- 33127
- Year Built
- 1952
- Floor
- Concrete Floors
- Occupancy
- Tenant Occupied
- Parking
- Street Parking
- Type of Building
- Residential-Multi-Family
- Utilities
- Internet
- Zoning Information
- 6100
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Listing content provided by the Miami Association of REALTORS
Disclaimer: BBC: 1.5%, The offer of compensation is made only to participants of the MLS where the listing is filed.