Investor's dream in Little Havana! This corner-lot property offers multiple opportunities! Rehab the existing structure for immediate rental income, redevelop into 4 units by right, or leverage zoning to construct up to 7 workforce housing units. Priced at $599,000, it's a strategic acquisition in a neighborhood where the median listing price is $745,000. The compact size ensures minimized overhead and ease of management. Situated just west of Brickell, the area is experiencing rapid appreciation, with median home prices up 11.2% year-over-year. Proximity to Calle Ocho's cultural hotspots and Downtown Miami enhances its allure. Don't miss this chance to capitalize on this great investment.
| MLS # | A11989861 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 160 |
| Listing Provided By | MLSN Realty | Reza Farajzadeh |
| Zoning | 3901 |
|---|---|
| Acreage | 0.12 |
| Lot Features | Less Than Quarter Acre |
|---|
| Tax Annual Amount | 8913 |
|---|
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33135 |
| Area | 41 |
| Community Name | LAWRENCE ESTATES LAND COS |
| Listing VS Median (in LAWRENCE ESTATES LAND COS) | |
Price: $599,000 low | high Med: $4,300 On site: 160 low | high Med: 15.5 | |
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33135 |
| Area | 41 |
| Community Name | LAWRENCE ESTATES LAND COS |
| Listing VS Median (in LAWRENCE ESTATES LAND COS) | |
Price: $599,000 low | high Med: $4,300 On site: 160 low | high Med: 15.5 | |
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