This multifamily investment property, situated in the heart of Liberty City—a neighborhood in Miami experiencing a surge of new developments—is an excellent opportunity. Property sits on a 14,000 square foot land parcel. Conveniently located less than 15 minutes from Miami International Airport, Downtown Miami, and under ten minutes from Wynwood and the Design District Three units are month to month with one expiring in Jume 2025. The property is located in a Federal designated Opportunity Zone area. Approved plans are attached to show three units that are 3/2's and a 3/1 were completed legally. Owner is selling the property with the current tenants in place. Rents are below market but this makes a great opportunity to improve rents.
4,951 Sq Ft
Investment
$11,560 Annual Tax
Built in 1966
MLS/Listing ID A11791415
PARA VILLA HEIGHTS
1 Stories
Ceramic Tile
Cooling - Central Air
Construction - CBS
Style - Attached
Listing Courtesy of ROBIN BIRD REALTY INC, TAMIKA MOSES - 954-404-4646
Source of Data: MIAMI ASSOCIATION OF REALTORS