South Florida Real Estate
Miramar
Pembroke Pines
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6734 Nw 5th Ave, Miami, Florida |
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$410,000
4 Beds 2 Baths
6734 NW 5th Ave
Miami , FL 33150
Single Family - Active
Subdivision: 7th Avenue Highlands
MLS #: A10645203
Square Ft: 1,353
Year Built: 1941
Taxes: $2,871
Tax Year: 2018
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REMARKS: INVESTOR / DEVELOPMENT OPPORTUNITY. Single family 4/2 in a huge lot of 10,800 sqf. with excellent potentialThe land consists of two lots of 5,400 sqf. each (Lot 20 & 21 BLK 12), zoned T3-O (open). Primary zone 5700 DUPLEXESThere are a few options for development, its possible to build a two story duplex of about 2,000 sqf. per story in each lot, or to rent the existing single family and to build a duplex in the vacant lot.Minimum expected CAP rate 8.5%Great location close to schools and shopping, within 5 minute to Wynwood and Design District, a few minutes drive to I-95, 10 minutes to downtown Miami and South Beach, and 15 minute drive to Miami airport.This area has already seen a huge influx of investors and the neighborhood is becoming one of the hottest areas in Miami.
AMENITIES: Concrete Block Stucco, Fenced, Tile Flooring, Refrigerator, Electric Range And Oven, Eastern Exposure, Lot Size Is 1/4 Acre Or Less, Wooden Shake, Shingle Roof, Master Bedroom On Main Floor, Single Story, Public Sewer Service, Public Water Supply, |
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