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111 NW 76th Street, Miami, FL 33150 (MLS # A10900605)

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PRICE $575,000 dsIDX morgage calculator
SIZE n/a
LOT SIZE 16,989 sqft

Amazing investment opportunity in Little Haiti. 4 Existing CASH-FLOWING units, 100% Occupancy! Rents are Below Market! 5%+ Cap Rate in a Prime and Growing area w/ possibility to increase significantly. Favorable Zoning: T5-R! Ideal Buy-and-Hold Investment with HUGE UPSIDE for FUTURE REDEVELOPMENT. Build up to 5 stories high & 30 units, do your own research. Property Has Access on 2 Streets. **Located in OPPORTUNITY ZONE: potentially offering significant capital gains tax savings for the buyer. Little Haiti is currently developing the Magic City Innovation District Area: * Residential * Commercial * Art Galleries * Showrooms * Offices * Entertainment Spaces. Once complete it will raise rents & property values in the surrounding area along the way.

DAYS ON MARKET 14 LAST UPDATED 7/29/2020
YEAR BUILT 0 COMMUNITY 31
COUNTY Miami-Dade County STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AREA 31
LOT 0.39 acre(s)
SEWER Other
TAXES 4631
WATER Other
ZONING 4600
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Keller Williams Eagle Realty
The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors Regional MLS and is provided here for consumers personal, non-commercial use, It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real Estate listings held by brokerage firms other than the office owning this web site are marked. Data provided is deemed reliable but not guaranteed.

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