Excellent investment and redevelopment opportunity in a prime location on a desirable corner lot in Little Havana. Property consists of 5 legal units currently being used as 6 units. A 1937 2 story duplex (2/1 & 2/2) and a 1954 triplex (3 -1/1 units). Fully occupied month-to-month rentals offer maximum… Read More flexibility. This allows a buyer to generate interim income to offset carrying costs while deciding whether to move forward with approved plans to cure violations, and execute a remodel or advance new redevelopment plans through the entitlement phase. Property being sold Cash strictly AS-IS with existing violations and liens. Currently zoned T4-R with a pending rezoning application to T5-0 under Miami 21, offering significant potential for future redevelopment. Architectural plans are included with sale. Buyer must conduct all due diligence and independently verify existing and proposed uses, unit count, zoning development rights, code compliance, violations, liens and the status and requirements of the pending rezoning application. Seller and Broker make no representation or guarantee that the requested T5-O rezoning will be approved. Approved plans and financials available. Read Less
Courtesy of BHHS EWM Realty, Ileana M Larrubia, 305-960-2400.
Listing Snapshot
Days Online
33
Last Updated
Property Type
Multi Family
Square Ft.
3,307
Lot Size
0.17 Acres
Year Built
1937
MLS Number
A12085564
30 Days Snapshot Of 33135
$252k
0%
(avg) sold price
0
-100%
homes sold
72
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road frontage type: State Road
Building
Built in 1937, Building features: Exterior Lighting, Fenced Area, Storage, Construction materials: CBS, Toal building area: 3307, 5 total units
Cooling
Wall/Window Unit(s)
Floors
Tile, Vinyl
Lot
0.17 acres
Parking
5 total parkings
Property
Zoning: 3900
Roof
Built-Up
Security Features
Fire Alarm, Security Fence
Sewer
Public Sewer
Taxes
Annual amount: $13,755
Tenant Pays
Electricity, Interior Electric
Utilities
110 Volts, Separate Meters, Natural Gas Connected
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