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Property Description

LOCATED IN AN OPPORTUNITY ZONE. Triplex zoned T6-8-O. Covered land play. Buy and hold with existing cashflow in place until you develop the lot. The subject property is a legal triplex with 2,326 SF of living area situated on an 8,100 SF lot Zoned T6-8-O. The zoning features a development density of 150/Units/Acre. By right, up to 28 units (apartment, hotel, or condo) can be built on the lot, along with ground floor retail. The property features access from the front and rear, with frontage on two roads (NE 80th te & NE 80th st). The property is situated in the heart of Little River, just steps from shops and restaurants on NE 2nd Avenue. Currently rented, generating 55k/yr in gross income with minimal landlord expenses and an opportunity to increase rents.

Features
: Central
: Central Air
: 6
0
: Tile
0
: Less Than 1/4 Acre Lot
: Flat Tile
: Public Sewer
Address Map
US
FL
Miami-Dade County
Miami
33138
268 NE 80th Ter
FRANKLIN PARK
0
W81° 48' 31.1''
N25° 50' 55.4''
Southwest
FRANKLIN PARK
MLS Addon
Sigma Real Estate & Investment
Kristopher Rodriguez
: Attached
Monthly
0
: Concrete Block Construction, Frame With Stucco
0
3323837
SIGM01
: Conventional, All Cash
Mcmillan; H.d.
1
3
1
1
: Triplex
$7,279
2020
Click here
6100
Contact Agent

Residential Income

268 NE 80th Ter, Miami, Florida 33138

2,326 Sqft
$999,000
Listing ID #A11051761
Basic Details
Property Type : Residential Income
Listing ID : A11051761
Price : $999,000
Square Footage : 2,326 Sqft
Year Built : 1925
Lot Area : 2,326 Acre
Bathrooms Total : 0
Building Area : 2,326 Sqft
Status : Active
Property SubType : Triplex
Agent info
Walkscore
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