Miami, FL

8052 NE 1st Ave, Miami FL 33138

$3,500,000

Key Details

Status
Active
Property Type
Quadruplex
Year Built
2024

Overview

**NEW CONSTRUCTION SITE** Plans approved for brand new modern 10 x 1 bedroom units, off the growing area of Miami. All new restaurants, bars and shops. Developing boulevard, gross ROI 6.8% gross estimated at $240k yearly, $2,000 monthly per unit. Will be built upon sale. Invest in one of the fastest growing and most desirable areas, between Midtown and Miami Shores. Many new businesses opening and happening at the moment. This development is located 2 blocks from Citadel Restaurant. Construction is included in the sale price, will be delivered with CO, hurricane impact windows, stainless steel appliances. Area may also be used as short term, buyer to do own due diligence. Miami is becoming the largest growing city, do not miss out on this new construction.

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