Commercial property in Miami, Florida 265.7 sq.m. № 2390022

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Commercial property in Miami, Florida 265.7 sq.m. № 2390022
ID2390022 $ 1 298 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
2390022

Property description

Income producing duplex + Cottage on a rare 12,750 SF lot (75' x 170') in a high-demand rental pocket between Biscayne Park and Miami Shores, on a block transforming with new construction. Fully occupied with strong consistent rental history - Income details in the broker remarks.The fully renovated front duplex offers two turnkey 2-bed/1-bath units, (~900 SF each) with new kitchens, new bathrooms, and in-unit laundry. A detached permitted rear structure adds exceptional flexibility -garage, studio, gym, office or guest space- l plus additional income potential. 6 parking spaces, concrete block construction (1951) and a deep backyard with mature trees creating a private, compound-style setting. Significant land value with redevelopment upside given lot size and neighborhood trajectory. Ideal for investors, multigenerational buyers and builders - live in one unit, rent the others, and hold for land. Turnkey income from day one.
MLS #: A12095976
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CityMiami
Address265 NE 116th St, Miami FL 33161
TypeCommercial property
Living space265.7 m²
  • m²
  • sq. ft
Completion dateIV quarter, 1951
Parking places6
Price
  • Price
  • per m²
$ 1 298 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
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