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.
School Ratings & Info
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.
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