Commercial property in Miami, Florida 315.5 sq.m. № 2249489

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Commercial property in Miami, Florida 315.5 sq.m. № 2249489
ID2249489 $ 1 280 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
2249489

Property description

Prime multifamily investment and development opportunity in Miami’s rapidly evolving NW 79th Street Corridor! This unique corner property consists of 3 separate buildings with a total of 7 legal units, offering immediate income potential plus significant upside. The property includes a 3-bedroom/2-bath single-family home, a 1-bedroom/1-bath single-family home, and a 5-unit building with five 1-bedroom/1-bath apartments. In addition, the corner portion of the lot offers the potential to build a new duplex, expanding the property to a total of 9 units, subject to applicable approvals and permitting. Located near Liberty Square and within an Opportunity Zone, this property is ideally positioned to benefit from continued neighborhood investment, redevelopment, and growth. An excellent opportunity for an investor seeking a combination of existing multifamily income, value-add potential, and future development possibilities in an up-and-coming Miami location. Rare opportunity to acquire, reposition, and expand in one of Miami’s emerging investment corridors
MLS #: A12051752
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CityMiami
Address1133 NW 79th Ter, Miami FL 33150
TypeCommercial property
Living space315.5 m²
  • sq. ft
Completion dateIV quarter, 1942
Parking places7
Price
  • Price
  • per m²
$ 1 280 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
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