Make an Offer
2126
Home61's Closings in
Miami, FL
Amenities
Key features
Living area
N/A
Lot size
N/A
Tax
$ 17,997
$ /sqft
-
Tenant Occupied
No
Parking Space
0
Building
-
On market
265 days
$ /sqft
-
Type
other
Year Built
1925
Unit
-
Zip Code
33127
Ref./MLS ID
A11546009
DESCRIPTION
This 8-unit multifamily building in miami's trendy wynwood norte offers a unique investment chance for $2. 4 million. The location boasts vibrant street art, diverse restaurants, and exciting nightlife, with high-end shops and beaches nearby. Recent zoning changes by the city allow for significantly denser development, making the property highly attractive for potential future expansion. Additionally, the building offers immediate returns with a 5. 19% cap rate and the potential for even higher returns (6. 50%) based on projected rents. Whether you choose to keep the current setup or explore redevelopment opportunities, this property positions you to capitalize on wynwood norte's booming cultural and entertainment scene.
Data is provided by Miami Board of Realtors.
Public transportation
NW 2 Av & NW 34 St
2
1 mins
NW 2 Av & NW 32 St
2
1 mins
NW 2 Av & NW 35 St
2
2 mins
NW 36 St & NW 2 Av
36
J
2 mins
Nearby School In Wynwood
Data Provided by greatschools.org
Neighborhood
Wynwood
- Wynwood
Listed on March 07, 2024 by Vicente Rodriguez from Fausto Commercial Realty Consultants Inc, this other is for sale. other for sale in Wynwood listed at $2,400,000, Reference A11546009
The multiple listing information is provided by Miami Board of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 Miami Board of Realtors®. All Rights Reserved.
The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
The multiple listing information is provided by Miami Board of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 Miami Board of Realtors®. All Rights Reserved.
The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.