Category: Multifamily
Price:$11,700,000
Location: Sweetwater, FL
Days on Market: 75
Description:
This property consists of 31 units, each featuring two bedrooms and two bathrooms, offering immediate rental income in a high-demand area. Located just minutes from Florida International University (FIU), it ensures steady occupancy. The property’s University City District (UC) zoning allows for potential redevelopment into a 15-/+ story, 200-/+ unit mixed-use project, making it a lucrative opportunity for investors and developers. This is a strategic investment with both short and long-term potential. Buyers are advised to conduct their own due diligence to verify zoning, development potential, and all property details. This is a rare opportunity to capitalize on a high-growth area with unbeatable potential.
High-Demand Investment just blocks from FIU - 31 Units with Redevelopment Potential for Student Housing, Workforce Housing & Mixed-use.
Listing Code: 1109100314