Description

Excellent investment opportunity strategically located close to Wynwood and the HealthDistrict. Area with high demand for lease with near-zero vacancy rate for rental units.Sale contingent upon obtaining City of Miami Building Permit. Plans are currently in thefinal rounds of the building permit process. Price includes among others ConstructionPlans and MDC Impact Fees. Prospective buyer shall only pay for Permit Fees at City ofMiamiApproved plans allow the construction of a multifamily 2 story building with 6 apartments(2b-2b) and 8 off street parking spaces. Outstanding ROE and tax benefits for qualifying asOpportunity Zone. Additionally, prospective buyer may adhere to a construction lump sumcontract with experienced General Contractor at a competitive fixed price.

Details

MLS#A10896825
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site127

Features

Acreage0.19
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Area Information
StateFL
CountyMiami-Dade County
CityMiami
Zip Code33127
Area31
Community NameDE LEON PARK
Listing VS Median (in DE LEON PARK)
Price:
$595,000
low | high
Med:
$595,000
50% of Average
On Site:
127
low | high
Med:
126
100% of Average
Listing Updated: November 26, 2020 3:45:47 PM PST
Juliana Lombardo Grifol LogoMLS Number: A10896825
Listing Provided By:
Juliana Lombardo Grifol  of  Brickell Investment Realty
MLS Internet Data Exchange (IDX) information is provided exclusively 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, and that the data is deemed reliable but is not guaranteed accurate by the Miami Board of Realtors®