1909 sqft | #A11874428
Description
Two Duplexes - 4 units, each 1bed +1bath generating up $90k year gross income at market rents when fully rented. Each unit has a private backyard, separate address and tenants pay utility. Property has Impact windows 4 water meter and 4 FPL meters . Zoned T5-R by right development up to 5 stories and 8 units -17,825 buildable SF estimated under Miami 21 on 5.552 Sq ft corner lot. Only lot located directly behind a full block church fronting NE 2nd Avenue ,offering stability, privacy and unique positioning. Less than 1/2 mile to the planned Innovation District Tri-Rail station ( Northeast Smart Corridor). Strong land appreciation and redevelopment potential with zoning that allows vertical growth. Across from Laundromat Art Space gallery and 1 block away from Magic City. No flood zone.
Property Details
- Lot DescriptionLess Than 1/4 Acre Lot
- SubdivisionDIXIE HIGHWAY TRACK
- CountyMiami-Dade County
- Property TypeMulti-Family
- Sewer InformationPublic Sewer
- Property SubtypeQuadruplex
- MLS #A11874428
- MLS #A11874428
- Structure TypeFourplex
- Cost1600000
- Square Feet1909
- Year Built1947
- Stories1
Location
Legal
MIAMI ASSOCIATION OF REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Marjo Realty Co. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS.
Last Updated: . Source: MAOR
Provided By
Listing Agent: Monica Sciarra (#3382598)
Listing Office: Beachfront Realty Inc (#ROBR01)
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