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420 NE 70th St, Miami, FL 33138 (MLS # A11146006)

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PRICE $1,200,000 dsIDX morgage calculator
SIZE 3,496 sqft
LOT SIZE 10,201 sqft

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 5 LAST UPDATED 1/12/2022
YEAR BUILT 1954 COMMUNITY 32
COUNTY Miami-Dade STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AIR Other, Wall/Window Unit(s)
AIR CONDITIONING Yes
AREA 32
CONSTRUCTION BLOCK
HEAT Other
LOT 10200 sq ft
SEWER Other
STORIES 1
TAXES 8690
WATER Public
ZONING 3900
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Graber Realty Group LLC
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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