Mixed-Use Property in Miami, FL – T6-8-O Zoning for Development Opportunity

Category: Mixed-Use

Price:$1,500,000

Location: Miami, FL

Year Built: 1925

Days on Market: 87

Description:

This property is located in Little Havana where there is a steady growth of population requiring high demand for multifamily units, which offer very little vacancy rate. This T6-8-O Zoning makes of this property a development opportunity for a building of 8 + stories high. Currently these two story free standing building is being used as office space. However, it has the potential for 2 large 2 bedrooms/1 bath apartments on first floor. and an efficiency. The second floor has a very large 2 bedrooms /2 bathrooms apartment. Located on 12 Ave and 2 block from Flagler, Near Marlins stadium, 836 expressway, Jackson and UM medical center, Downtown Miami and Brickell. Owner finance is possible with 50% down. DO'NT DISTURVE TENANT.

Little Havana a steady growth of populations. This T6-8-O Zoning makes of this property a development opportunity for a building of 8 + stories.

Listing Code: 1078556334