Location, Location, Location! Rare Mimo/Art Deco style 4 Plex w/ pool on a double lot zoned T4-R (Multifamily 2-9 Units) located between the long awaited Magic City Innovation District and Biscayne Blvd. Keep existing 4 Plex, create Bed and Breakfast or REDEVELOP up to 3 stories and 9 units. The current NOI is substantially under market. An adjusted NOI will bring roughly $76k+ yr. 2 short blocks to Starbucks, Panther Coffee, Europa Café, good restaurants and 3 short blocks to legion park where they have the farmers market every Saturday. Call with any questions.
2,643 Sq Ft
Investment
$11,443 Annual Tax
Built in 1950
MLS/Listing ID A11322742
NORTH GATE
1 Stories
4 Units
Listing Courtesy of CRAWFORD & CO R.E. SVS'S LLC, CARL CRAWFORD - 305-804-6154
Source of Data: MIAMI ASSOCIATION OF REALTORS