6734 NW 5th Ave Active Save Request In-Person Tour Request Virtual Tour
Miami,FL 33150
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Subdivision 7Th Avenue Highlands
MLS Listing ID A11625067
Style Detached,One Story
Bedrooms 4
Full Baths 3
Year Built 1941
Annual Tax Amount $9,286
Tax Year 2023
Lot Size 10,800 Sqft
Property Description
HOT DEAL! INVESTOR/DEVELOPMENT OPPORTUNITY. 4/3 Single home family in a huge double lot of 10,800 SF with excellent potential.
This is a TURNKEY PROPERTY, completely renovated and ready for rental with expected CAP rate of 9%. The land consists of two lots of 5,400 SF. each (Lot 20 & 21 BLK 12) zoned T3-O (open). Primary zone 5700 DUPLEXES?GENERAL.
MIAMI 21 Affordable Housing Program also allows DOUBLE DENSITY development with the opportunity and flexibility to build up to 8 Units!!
There are many options for development of this lot. Great location close to schools and shopping, within a few minutes to Wynwood, I-95, downtown Miami, beaches and the airport. Owner financing available up to 50% for qualified buyer (36 months balloon mortgage)
Location
State FL
County Miami-dade
Community 7Th Avenue Highlands
Area 31
Interior
Heating Central,Other
Cooling Central Air,Other
Flooring Ceramic Tile
Laundry Washer Hookup,Dryer Hookup
Exterior
Exterior Feature Fence,Lighting,Storm/Security Shutters
Garage Spaces 3.0
Pool None
Waterfront No
View Other
Roof Type Shingle
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Water Public
Structure Type Block
Others
Acceptable Financing Cash,Conventional,Owner May Carry,Other
Listing Terms Cash,Conventional,Owner May Carry,Other
Pets Description Conditional,Yes