Description
Investor's dream in Little Havana! This corner-lot property offers multiple opportunities! Rehab the existing structure for immediate rental income, redevelop into 4 units by right, or leverage zoning to construct up to 7 workforce housing units. Priced at $599,000, it's a strategic acquisition in a neighborhood where the median listing price is $745,000. The compact size ensures minimized overhead and ease of management. Situated just west of Brickell, the area is experiencing rapid appreciation, with median home prices up 11.2% year-over-year. Proximity to Calle Ocho's cultural hotspots and Downtown Miami enhances its allure. Don't miss this chance to capitalize on this great investment.
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2BEDS
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0.11ACRES
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1BATHS
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01/2 BATHS
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1,136SQFT
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$527$/SQFT
School Ratings & Info
Description
Investor's dream in Little Havana! This corner-lot property offers multiple opportunities! Rehab the existing structure for immediate rental income, redevelop into 4 units by right, or leverage zoning to construct up to 7 workforce housing units. Priced at $599,000, it's a strategic acquisition in a neighborhood where the median listing price is $745,000. The compact size ensures minimized overhead and ease of management. Situated just west of Brickell, the area is experiencing rapid appreciation, with median home prices up 11.2% year-over-year. Proximity to Calle Ocho's cultural hotspots and Downtown Miami enhances its allure. Don't miss this chance to capitalize on this great investment.
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