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Opportunity with Existing Cash Flow of $144K- generate solid income while development plans are approved. This site offers great visibility and exposure on major developing corridor nw 54 st an important east-west corridor. Property consist of two folios, 2930 SF building on 19000 SF mixed use T5O zoned lot. Zoning allows to build by right (65du/acre) which will allow to build 28 units with commercial on the ground floor located in Miami. Currently the site houses three fully remodeled residential units- 3BED/2BD, 2 BED/2 BATH; 1BED/1 BATH and an automotive dealership with multi bays. The neighborhood is a growing quickly rapidly in importance and is directly in the path of development and transformation, as all neighborhoods immediately to its east such as Little Haiti, Design district.
Listed by Giovanni Bertolotti, Fausto Commercial Realty Consultants Inc

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The multiple listing information is provided by Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2022 Miami Association 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. Data last updated on November 28, 2022

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