Skip to content

Land - Residential Development – 6,900 SF in Miami, FL – Zoned T-4R with Income Generation

Commercial Sale

Category: Land - Residential Development

Price:$850,000

Location: Miami, FL

Year Built: 1940

Days on Market: 31

Description:

House is currently rented generating a gross income of $3,800 per month 6,900 SF lot allows up to 5 market units by right Plans already Done or up to 10 units under the City of Miami's attainable mixed-income housing program Zoned T-4R and eligible for parking reductions given the property is located in a transit corridor (Quarter-Mile Radius) Plans included in the sale for 5 townhouses of 3 bedroom / 2.5 bath (available upon request and plans are ready to submit) Compelling investment opportunity, with a centric location that is walking distance to Calle Ocho, Publix, and nearby Brickell. Please do not disturb tenants

Tenant Occupied generating gross income of $3,800 per month 6,900 SF lot allows up 5 units by right or up to 10 under the City of Miami pg.Zoned T-4R

Listing Code: 1089126765