Miami Real Estate
Homes, Condos and Townhomes for Sale in Miami, Florida
jennifer-cook-raul-aleman img-responsive
Miami, FL
$825,000
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Description
DEVELOPMENT OPPORTUNITY – 6,000 SF LOT | CURRENT RENTAL INCOME Excellent opportunity to own a property situated on approximately 6,000 SF of land, currently featuring a rented single-family home generating $3,700 per month in rental income. The property offers both immediate rental income and significant future development potential. The adjacent 8,850 SF property, which includes a rented duplex generating approximately $5,800 per month, is also available for sale separately. Purchasing both properties would allow a buyer to assemble approximately 14,850 SF of contiguous land, creating an attractive opportunity for future development, subject to zoning and municipal approvals. Ideal for investors, developers, or builders looking to acquire a property with existing income while exploring the potential of a larger land assemblage. Property offered for sale separately. Adjacent 8,850 SF property also available separately. Buyer to independently verify zoning, land use, density, and development potential with the municipality.
Details
List Price$825,000
Property IDA12080496
Bedrooms2
Property TypeSingle Family Home
Full Bathrooms1
Square Feet/m2 1,061 sq.ft. (99 m2)
StatusActive
This listing is courtesy of Related General Realty, Llc.. 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 Related General Realty, Llc.. 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.