Davis Citrus Farms Multifamily Homes Sold

Prime miami location just steps from coral gables. Rare investment, income, and redevelopment opportunity in one of miami’s most desirable areas. Existing duplex with strong rental potential and the possibility to convert into 4 units. Property is equipped with accordion shutters and tankless water heater. Hardwood floors under carpet in the upper unit and teak closets. Located in flood zone x with no hoa. Land use may allow development of up to 9 units (buyer to verify zoning and redevelopment options). Great opportunity for investors or developers seeking land value in a prime location. Centrally located minutes from coconut grove, brickell, downtown miami, miami beach, university of miami, miracle mile, and miami international airport. Exceptional location with tremendous upside for investors, developers, or end users. Tenant occupied on a month-to-month basis. Interior photos and floor plan coming soon. Please call or text listing agent to schedule an appointment.

This large t3-o zoned lot consists of a well-maintained duplex. The redevelopment potential is up to six units, but more likely four twinhome-style units. Neighboring proposed projects indicate the subject's potential. Owners are willing to listen to reasonable offers. The current duplex's potential income could offset holding costs until approvals to redevelop are in place.