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DESCRIÇÃO
The subject property consists of two separate structures sitting on a 10,000 sf lot; a duplex with 3 bedrooms and 1 bathroom each on both the top and bottom floors, as well as an ancillary unit with 3 bedrooms and 2 bathrooms. All units are around 900 sf each. The property is currently 100% occupied with rents at $1,795 per month and a total gross income of $65,000. Rents are on a month-to-month basis and are determined to be under-market. The property is best seen as a covered land play, offering an investor the opportunity to ultimately take advantage of the wynwood norte nrd-2 zoning overlay for low-intensity infill development. The site carries an increased density of 150 d/u per acre, allowing for approximately 33 units. Seller financing is available at very favorable times
Data is provided by Miami Board of Realtors.
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Listed on January 06, 2025 by Rayza Perez from Dwntwn Realty Advisors LLC, this other is for sale. other for sale in Wynwood listed at $1,950,000, Reference A11718805
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