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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
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Address Map
US
FL
Miami-Dade County
Miami
33138
268 NE 80th Ter
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W81° 48' 31.1''
N25° 50' 55.4''
Southwest
MLS Addon
Sigma Real Estate & Investment
Kristopher Rodriguez
Monthly
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0
3323837
SIGM01
Mcmillan; H.d.
1
0
1
: Sale
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$7,279
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6100
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Commercial Sale

268 NE 80th Ter, Miami, Florida 33138

8,100 Acre
$999,000
Listing ID #A11051776
Basic Details
Property Type : Commercial Sale
Listing ID : A11051776
Price : $999,000
Year Built : 1925
Lot Area : 8,100 Acre
Bathrooms Total : 0
Building Area : 2,326 Sqft
Status : Active
Property SubType : Condominium
Agent info
Walkscore
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