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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.
Land for sale in Miami, Miami-Dade, Florida, USA № 615262
$ 950 000
Miami, USA
Parameters
ID
615262
Address
47 NE 80th Ter, Miami FL 33138
Type
Land
Completion date
IV quarter, 1948
Parking places
3