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Awesome Opportunity Awaits! Location, Location, Location! Rare 6-unit income producing complex with two detached buildings in the Palm Grove/Ironside neighborhood in the heart of the MiMo District. Near Magic City, Design District, Midtown and Wynwood. All 6 units currently rented with below market rents. Perfect for an investor looking for great short-term value-add or long-term hold equity growth in one of Miami’s most burgeoning neighborhoods. Building #1 has four 1 bed-1 bath units and Building 2 has one 2 bed-1bath unit plus a studio unit, all fenced in for privacy. Possibility to add two more units or increase height to 3 stories per Miami 21 T4-R zoning, with entitled multi-family use, bed and breakfast use by Warrant, or educational use by Exception. Please do not disturb tenants.
DAYS ON MARKET | 35 | LAST UPDATED | 2/16/2022 |
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YEAR BUILT | 1954 | COMMUNITY | 32 |
COUNTY | Miami-Dade | STATUS | Sold |
PROPERTY TYPE(S) | Commercial |
ADDITIONAL DETAILS | |
AIR | Other, Wall/Window Unit(s) |
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AIR CONDITIONING | Yes |
AREA | 32 |
CONSTRUCTION | BLOCK |
HEAT | Other |
LOT | 10200 sq ft |
SEWER | Other |
STORIES | 1 |
TAXES | 8690 |
WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Graber Realty Group LLC
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