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$ 1,500,000
Est. payment /mo
Price Dropped by $14K
729 NW 55th Ter Miami, FL 33127
4,232 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,232 sqft
Price per Sqft $354
MLS Listing ID A12069759
HOA Y/N No
Year Built 1926
Lot Size 0.301 Acres
Property Sub-Type Multi Family
Property Description
Legal 6-Plex Miami Investment Opportunity! 6-Unit Multifamily on an Oversized Lot with Significant Upside. This 10 Bed / 8 Bath asset offers investors the opportunity to acquire a multifamily property with great rents. Just minutes from the Miami Design District, Midtown, Downtown, and Miami Beach. The property features gated parking, A very clean 2 Story building plus another additional building. Seller will deliver with appliances installed prior to closing. Units have central A/C, a spacious backyard, multiple storage sheds, a covered carport, and a completely fenced perimeter. The roof is weathertight, providing a solid foundation for an investor looking to make strategic improvements, increase rents, and maximize the property's income potential. Situated on high and dry land and surrounded by new two-story construction, the property benefits from ongoing redevelopment and strong long-term neighborhood momentum. An attractive value-add opportunity for investors seeking rental growth, operational upside, and long-term appreciation potential in a prime Miami location. These multifamily assets are hard to find! Call or Text Listing Agent for private showing. Proof of Funds required.
Location
State FL
County Miami-dade
Area 31
Zoning 6101
Exterior
Private Pool Yes
Others
Tax ID 01-31-14-030-0040
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12069759
Listed by Lexico Realty Inc