Miami Real Estate
Homes, Condos and Townhomes for Sale in Miami, Florida
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Miami, FL
$1,250,000
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Description
This 7,100-square-foot lot in Wynwood Norte presents a unique opportunity to develop multifamily of 24 units maximum 3 floors or a single-family home in one of Miami’s fastest-growing emerging neighborhoods. While your permits are being approved, the property can generate approximately $52,800 in annual income, with tenants covering all utility expenses and the owner responsible for only about $13,000 per year in property taxes. Don’t miss this exceptional investment opportunity with immediate income potential and long-term development upside.
Details
List Price$1,250,000
Property IDA12023033
Bedrooms2
Property TypeSingle Family Home
Full Bathrooms1
Square Feet/m2 1,343 sq.ft. (125 m2)
StatusActive
This listing is courtesy of Miami Residential Group. Property Listing Data contained within this site is the property of Miami Association of Realtors (MIAMI) MLS and is provided for consumers looking to purchase real estate. Any other use is prohibited. We are not responsible for errors and omissions on this web site. All information contained herein should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended.
This listing is courtesy of Miami Residential Group. Property Listing Data contained within this site is the property of Miami Association of Realtors (MIAMI) MLS and is provided for consumers looking to purchase real estate. Any other use is prohibited. We are not responsible for errors and omissions on this web site. All information contained herein should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended.