Mixed-Use Property – Unique Two-Story Building in Miami, FL – Value-Add Opportunity in El Portal

Category: Mixed-Use

Price:$695,000

Location: Miami, FL

Year Built: 1963

Days on Market: 10

Description:

Presenting a rare value-add opportunity in the heart of El Portal — an incredibly unique freestanding two-story building offering excellent connectivity and tons of up-side potential. Well-suited for an owner-occupant to tailor the space for specialized use, such as day care or either traditional or medical office, or an investor interested in converting the structure into a boutique multifamily asset through adaptive re-use. The existing structure features six sub-divided spaces, two bathrooms, and ten on-site parking spaces. While the property would benefit from renovation, its solid layout, recent infrastructure updates (including a new roof, security and A/C system), and location in a quiet residential pocket just east of I-95 make it an ideal candidate for repositioning.

Rare value-add opportunity in the heart of El Portal, two-story free-standing building with tons of up-side potential.

Listing Code: 1109948992