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$ 1,100,000
Est. payment | /mo
8,300 Sqft Lot
$ 1,100,000
Est. payment | /mo
8,300 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 11394577
Year Built 1948
Annual Tax Amount $9,027
Lot Size 8,300 Sqft
Property Description
A prime opportunity in a highly sought-after neighborhood! It's an income-producing multi-family investment with a cap rate of over 3%. Spread across an 8,300 square foot lot, this property is zoned T5-0, allowing for up to 12 units. Currently, all units are rented through Section 8, providing a steady income stream. The existing structure features 1 one bedroom and 4 studio apartments. Its central location offers easy access to the vibrant Design District, major expressways, and is conveniently situated near beautiful beaches and airports.
Location
State FL
County 12086
Rooms
Kitchen 0
Building
Structure Type Masonry - Concrete Block
Others
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11681107
Nearby Locations
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Barb Schlinker
Broker / Owner | License ID: 40004572