**REDEVELOPMENT OPPORTUNITY** TWO FREESTANDING BUILDINGS W/ 5 UNITS- Edgewater Urban Core Zoning - located minutes from Miami Downtown. 2 LOTS CONSISTING OF 11,000SqFt WITH 100 LINEAR FEET FRONTAGE ON 24 ST. Zoning T6-36O allows by right the development of a Commercial Mix-Use Tower, 38 units and 36 floors.
EXQUISITE TROPHY PROPERTY, totally remodeled triplex just a few blocks from Morningside, Soyka's lots of new developments. 3,474 sf old Spanish has a huge 2 story 3/2, large 2/2 and large 2/1.5. rich wood floors, balconies, fireplace, w/d in each unit, new plumbing, electric, windows (shutters), central a/c, new kitchen and bathrooms. 2 parking spots per unit, separate meters for water & electric, gated. rented mo-to-mo. total rent $4,600/mth, ins=$3100/yr, cap=4.75. SEE BROKERS REMARKS TO SHOW.
2 units both rented in this fully remodeled duplex blocks from The Design District, Wynwood & Midtown. Each side is rented for $1,300 a month and has 2 bedrooms & 1 bathroom. New kitchen, roof, bathrooms and central AC. T4-L Zoning with frontage on North Miami Ave allows for 3 story mixed use project with retail on first floor. Do not disturb tenants.
Just Reduced! Completely remodeled duplex on Buenavista East. Property features Hurricane impact windows, new kitchens with new appliances, new bathrooms with new Titan on demand hot water heater, new roof, separate electrical meters and new breaker panels. Property is zoned T4L for general commercial perfect for shop front or retail. Steps from Design District, Midtown and Wynwood. Currently rented at combine income of $2,900 per month with 5% CAP.
SOLID MULTIFAMILY INVESTMENT OPPORTUNITY IN THE UP AND COMING AREA OF LEMON CITY/ LITTLE HAITI. PROPERTY FRONTS THE BUSY COMMERCIAL 54 STREET. IT IS ZONED T5-O FOR GENERAL COMMERCIAL USE. THIS IS A GREAT OPPORTUNITY FOR AN INVESTOR OR OWNER OCCUPIED BUSINESS FOR RETAIL OR SHOP FRONT OPPORTUNITY. CURRENTLY RENTED AT COMBINE INCOME OF $1,950 WITH SUBMARKET RENTAL RATES. PROPERTY HAS UPSIDE POTENTIAL FOR NEW OWNERS. PRO-FORMA CAP RATE OF 7%.
With a prime location, this duplex enjoys a 2 min walk to today's trendy restaurants in the vein of Andiamo, Soyka, Sushi Siam & News Caf?. Each unit was fully renovated in 2005 (kitchen, baths, central a/c, water & electric meters per unit) & currently enjoys long term tenants who are month to month. Don't miss out on the opportunity to own this investment property as prices are predicted to double within the next 5 years. Close to the Design District, Wynwood, Midtown, Miami Beach, & Downtown Miami.