GREAT OPPORTUNITY FOR DEVELOPERS OR INVESTORS in zoned T6-8-O land.
CURRENT PROPERTY IS GENERATING 60K OF GROSS INCOME YEARLY.
This property is located in Little River, one of the most promising neighborhoods in Miami.
Current zoning allows buildup to 28 units development by right (appartmants, condo, hotel).
Land festures front and rear access, with frontage on two roads (NE 80th Ter & NE 80th st).
Subject property is currently a legal triplex featuring 2,326 sf of living area generating a gross annual income of $60.000.
Main house: 5 beds 2 bath /Rented at $3,400.
Dettached house: 1 bed 1 bath /Rented until September, 31st, 2022. Rented at $1,550.
Find attached Proposed Construction Project PDF file.
Owner is offering seller financing. Please contact LA for details.