For Sale, USD 1,100,000
625 SW 18th Ave, Miami FL 33135, Miami, Florida, United States
Property Type : Commercial
Property Style : N/A
Build Size : 3,307 ft² / 307 m²
Land Size : N/A
Bedroom : 0
Bathroom : 0
Half Bathroom : 0
MLS#: N/A
Property Description
Excellent investment and redevelopment opportunity in a prime location on a desirable corner lot in Little Havana. Property consists of 5 legal units currently being used as 6 units. A 1937 2 story duplex (2/1 & 2/2) and a 1954 triplex (3 -1/1 units). Fully occupied month-to-month rentals offer maximum flexibility. This allows a buyer to generate interim income to offset carrying costs while deciding whether to move forward with approved plans to cure violations, and execute a remodel or advance new redevelopment plans through the entitlement phase. Property being sold Cash strictly AS-IS with existing violations and liens. Currently zoned T4-R with a pending rezoning application to T5-0 under Miami 21, offering significant potential for future redevelopment. Architectural plans are included with sale. Buyer must conduct all due diligence and independently verify existing and proposed uses, unit count, zoning development rights, code compliance, violations, liens and the status and requirements of the pending rezoning application. Seller and Broker make no representation or guarantee that the requested T5-O rezoning will be approved. Approved plans and financials available.
More
625 SW 18th Ave, Miami FL 33135, United States,Florida,Miami is a 3,307ft² Miami luxury Commercial listed for sale USD 1,100,000. This high end Miami Commercial is comprised of 0 bedrooms and 0 baths. Find more luxury properties in Miami or search for luxury properties for sale in Miami.