Listing Summary
Currently rented and generating $3,800 per month in gross income, this property sits on a 6,900 SF lot zoned T-4R, allowing up to 5 market-rate units by right or up to 10 units under the City of Miami’s attainable mixed-income housing program. The site also qualifies for parking reductions due to its location within a transit corridor (quarter-mile radius).
Full Description
Currently rented and generating $3,800 per month in gross income, this property sits on a 6,900 SF lot zoned T-4R, allowing up to 5 market-rate units by right or up to 10 units under the City of Miami’s attainable mixed-income housing program. The site also qualifies for parking reductions due to its location within a transit corridor (quarter-mile radius).
Included in the sale are ready-to-submit plans for five townhomes, each featuring 3 bedrooms and 2.5 bathrooms (available upon request).
This is a highly attractive investment opportunity in a prime, central location within walking distance to Calle Ocho, Publix, and close to Brickell.
Quick Glance
- Listing ID:
CL-Florida-26428
- Status:
Active
- Year Build:
N/A
- Building Size:
6,900 SqFt
- Lot Size:
6,900.00 Acre