Miami, FL

7509 NE 3rd Ave, Miami FL 33138

$1,650,000

Key Details

Status
Active
Property Type
Income/MultiFamily
Year Built
1969

Overview

This 6-unit boutique multifamily building is generating $90,000 per year in net income. The neighborhood of Little River is experiencing significant growth and is well-positioned to take advantage of residents’ desire to be close to Wynwood, The Design District, MIMO, and the developing urban core of Miami. Located in a qualified Opportunity Zone, all units are 2 bedrooms and 1 bathroom. Includes ample parking, 100% occupancy with a waiting list. This property can be purchased by itself or part of a larger assemblage that includes a 10,000 SF lot directly adjacent for a total of 17,300 SF of current development potential.

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