Description
Multifamily investment with 5 studio units, built with full city permits for 5U operation! Seize the explosive growth of the Miami Design District with this 100% leased property generating $90,600 annually and immediate cash flow. Located on vibrant 2nd Ave. in Buena Vista, just 0.7 miles from the Miami Design District, 0.5 miles from I-95, and near Wynwood, it ensures high tenant demand. The renovated studios include separate FPL meters and low-maintenance CBS construction. On 6,099 sq ft of land with T4-O zoning (residential, commercial, entertainment uses) and adjacent vacant parcels, it offers substantial development potential to maximize profitability.
Property Details
- Lot DescriptionLess Than 1/4 Acre Lot
- CountyMiami-Dade County
- Property TypeMulti-Family
- Sewer InformationPublic Sewer
- Property SubtypeQuadruplex
- MLS #A11839754
- MLS #A11839754
- Structure TypeFourplex
- Cost1156000
- Year Built1956
- Stories1
- Subdivision.
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
Listing Courtesy
Listing Agent: Yenitze Molina (#3281745)
Listing Office: Miami New Realty (#MNRE01)
Interested in Purchasing 5010 NW 2nd Ave?
Get an estimate on monthly payments on this property.
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
