Size: 5,327 SqFt (495 m2)
Price: $235/SqFt ($2,526/m2)
Type: Multi Family
Built: 1926
MLS Number: A11956823
On Site: 19 Days
Updated: 18 Days ago
Page Views: 0
Attention Investors And Developers! Rare Opportunity To Acquire Two Contiguous Lots Totaling 11,040 Square Feet In The Heart Of Allapattah, One Of Miami's Fastest-growing Neighborhoods—portfolio Sale Includes Adjacent Land Parcel
a11959678 (separate Folio) Zoned T4-r And Strategically Positioned On The Nw 27th Avenue Corridor, Immediately West Of The Vibrant Wynwood Arts District. The Property Features An Income-producing 5-unit Multifamily Building With Four 1-bedroom/1-bath Units Plus One Spacious 4-bedroom/3-bath Unit, All With Individual Utility Meters For Water, Electricity, And Gas To Maximize Cash Flow Efficiency. Located In A High-traffic Commercial Corridor With Exceptional Growth Potential And Superior Connectivity—just Minutes From Wynwood, The Health District, Downtown Miami, And Major Employment Centers, With Quick Access To Sr-836, I-95, And The Airport Expressway. Prime Redevelopment Opportunity: Hold And Collect Income Or Capitalize On T4-r Zoning For Value-add Development While The Included Adjacent Lot Provides Immediate Expansion Possibilities. Outstanding Investment In One Of Miami's Most Rapidly Appreciating Submarkets.