Description
HOT DEAL FOR DEVELOPERS or INVESTORS. Very spacious single family home in a corner lot of 7150 sqf with great potential. Completely renovated, this is a TURNKEY PROPERTY that can be rented as a 3/1, plus a 2/1 with an expected CAP rate 7.55% Under the Miami21 zoning the lot is zoned T4-L and is located adjacent to the announced multimillion-dollar Liberty Square project. PLANS APPROVED FOR FIVE CONTEMPORARY STYLE TOWNHOUSES of total 7516 sqf Each unit has two stories, 3 bed 2.5, garage and 1 parking space. Expected CAP rate 12.30% at the completion of the construction. This area has already seen a huge influx of investors. Only minutes to everywhere: I-95/Miami Beach/MIMO/Wynwood... Owner financing available up to 50% for qualified buyer (36 months balloon mortgage)
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0BEDS
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0.03ACRES
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0BATHS
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01/2 BATHS
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1,352SQFT
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$294$/SQFT
School Ratings & Info
Description
HOT DEAL FOR DEVELOPERS or INVESTORS. Very spacious single family home in a corner lot of 7150 sqf with great potential. Completely renovated, this is a TURNKEY PROPERTY that can be rented as a 3/1, plus a 2/1 with an expected CAP rate 7.55% Under the Miami21 zoning the lot is zoned T4-L and is located adjacent to the announced multimillion-dollar Liberty Square project. PLANS APPROVED FOR FIVE CONTEMPORARY STYLE TOWNHOUSES of total 7516 sqf Each unit has two stories, 3 bed 2.5, garage and 1 parking space. Expected CAP rate 12.30% at the completion of the construction. This area has already seen a huge influx of investors. Only minutes to everywhere: I-95/Miami Beach/MIMO/Wynwood... Owner financing available up to 50% for qualified buyer (36 months balloon mortgage)
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