Est. Mortgage: $/month
MLS Number A11337100
- Acreage 0.11
- Zoning T5-L
5,000 sf site with plans for 12 res units (12 studios) fully approved and ready to start construction immediately. Extremely efficient and simple industrial/contemporary designs yield an inexpensive and fast build. 5,800 SF building, with revenues estimated north of $270K/year. This market is suffering a crisis of affordable housing, and with virtually 0% vacancy, these units will rent fast when built and rents will keep growing over time. The site benefits from great proximity to Miami’s biggest employment generator, the Health and Civic Center, and excellent access to lifestyle amenities. This project is quick and easy to build, and will rent fast, because its at the price point people want, close to the jobs they want, and in a neighborhood they will love living in.
Listed by Carlos Miranda and Mauricio Villasuso, Fausto Commercial Realty Consultants Inc