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$ 11,700,000
Est. payment | /mo
1.26 Acres Lot
$ 11,700,000
Est. payment | /mo
1.26 Acres Lot
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Pending
Purchase Type For Sale
MLS Listing ID A11768665
HOA Y/N No
Contingent Pending Inspections
Lot Size 1.263 Acres
Property Sub-Type Condominium
Property Description
This property consists of 31 units, each featuring two bedrooms and two bathrooms, offering immediate rental income in a high-demand area. Located just minutes from Florida International University (FIU), it ensures steady occupancy. The property's University City District (UC) zoning allows for potential redevelopment into a 15-/+ story, 200-/+ unit mixed-use project, making it a lucrative opportunity for investors and developers.
This is a strategic investment with both short and long-term potential. Buyers are advised to conduct their own due diligence to verify zoning, development potential, and all property details. This is a rare opportunity to capitalize on a high-growth area with unbeatable potential.
This is a strategic investment with both short and long-term potential. Buyers are advised to conduct their own due diligence to verify zoning, development potential, and all property details. This is a rare opportunity to capitalize on a high-growth area with unbeatable potential.
Location
State FL
County Miami-dade
Area 40
Zoning 6000
Exterior
Private Pool Yes
Building
Structure Type Block
Others
Tax ID 25-40-06-014-0001
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour https://www.youtube.com/watch?v=pIFIwjxtmpg&feature=youtu.be
Listed by Keller Williams Capital Realty
NEARBY SCHOOL & BUSINESS
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Mel G. Byrnes
Relocation Specialist