- New Developments
1251 NW 61 ST - Miami, Florida
This recently painted, stabilized and fully rented 4-Plex in Liberty Square produces $54,000 a year. With the tremendous growth and future development in this up and coming area, this property is a fantastic buy and hold opportunity with room to grow rents. The Related Group has already began to redevelop 55 acres with over $390 Million of investment just one back away. Once completed its expected to include a 40,000 SqFt grocery store, 15,000 residential units, 15,000 SqFt for local retailers and community health center.
This listing courtesy of Douglas Elliman
575 MADISON AVENUE, NEW YORK, NY 10022. 212. 891.7000 © 2019 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE, THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY. DRE # 01947727
Source: Miami Association of Realtors. Last date updated: 07/15/2019.