Paradise Park Multifamily Homes For Sale

Fully leased six-unit multifamily opportunity totaling approximately 3, 993 sf situated on a 13, 275 sf lot with t6-8-o zoning. The property consists of four 1-bedroom units, two 3-bedroom units, plus additional leased parking income, providing stable in-place cash flow. The true upside lies in its redevelopment potential. Zoned t6-8-o, the site offers significant density flexibility with a conceptual redevelopment yield of up to ±42 units (subject to approvals). Eligible for live local incentives, this property presents a rare covered-land play with income during the planning phase. Two-story building configuration. Folio: 01-3133-008-0340. Submarket: paradise park. Located within the little havana multifamily corridor, one of miami’s most consistently occupied rental markets with historically low vacancy. Property overview: ±3, 993 sf existing improvements two-story multifamily building four (4) 1-bedroom units two (2) 3-bedroom units additional leased parking income fully occupied with strong in-place cash flow folio: 01-3133-008-0340 development profile: lot size: 13, 275 sf zoning: t6-8-o primary zone: 6100 – commercial neighborhood live local eligible site conceptual redevelopment potential of up to ±42 units (subject to verification and approvals)