Property Description
LOCATED IN AN OPPORTUNITY ZONE. Zoned T6-8-O. Covered land play. 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 can be built on the lot, along with ground floor retail. The property features access from the front and rear alleyway, 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. Buy and hold with existing cashflow in place to carry your investment until you develop the lot.
Features
0
0
: Central Business District, Less Than 1 Acre
: Public Sanitation
: Water Connected, Cable Available, Electricity Available, Sewer Available, Trash Removal, Water Available, Sewer Connected, Natural Gas Available, Phone Available, Cable Connected
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
Monthly
0
0
3323837
SIGM01
: Conventional, All Cash
Mcmillan; H.d.
1
0
: Legal Access Road
1
0
$7,279
2020
: Other
6100
Contact Agent