7th Avenue Highlands, 6734 NW 5th Ave Miami, FL 33150

Hot deal! Investor/development opportunity. 4/3 single home family in a huge double lot of 10,800 sf with excellent potential. This is a turnkey property, completely renovated and ready for rental with expected cap rate of 9%. The land consists of two lots of 5,400 sf. Each (lot 20 & 21 blk 12) zoned t3-o (open). Primary zone 5700 duplexes–general. Miami 21 affordable housing program also allows double density development with the opportunity and flexibility to build up to 8 units!! there are many options for development of this lot. Great location close to schools and shopping, within a few minutes to wynwood, i-95, downtown miami, beaches and the airport. Owner financing available up to 50% for qualified buyer (36 months balloon mortgage)