About This Property

Located in a coveted Opportunity Zone, this 5-unit multifamily property boasts over $100,000 in permitted electrical & plumbing upgrades, ensuring reliable infrastructure. Zoned T-5-R, there's great potential for higher-density mixed-use development, allowing up to 5 stories with retail, office, and residential spaces—unlocking significant value appreciation. Durable concrete block construction, there is a mix of 1, 2, and 3-Bedroom units, each with separate electric meters for tenant convenience. Spacious front & back yards, perfect for making desirable common areas for potential new tenants. Not in a flood zone, this investment offers a strong cap rate, making it a rare find in Miami’s competitive market. Bringing rents up to current market will also dramatically improve your returns!

Key Features

• 6,500 sq ft Lot
• Built in 1926

Property Details

• Type: Single Family Home
• Year Built: 1926
• Lot Size: 6,500 sq ft
• HOA: Contact Agent
• Bedrooms: 0
• Bathrooms: 0
• Feature: 6,500 sq ft Lot
• Feature: Built in 1926
• Status: Active
• MLS Number: 1129089635
• Days on Market: 428
• Listed By: The Keyes Company · Kevin Bernhardt
• Zip Code: 33127