Property Description
Fausto Commercial is pleased to present this exceptional Development Opportunity located in the thriving North Miami market. This existing property consists of 4 one-bedroom units, totaling 2,848 rentable square feet. It is situated on 10,559 Sq Feet of Land allowing up to 24 residential units with the existing zoning overlay. One of the units used to operate as two separate efficiencies with separate entrances and can easily be re-divided and rented separately to increase the properties’ rental income. This exceptional property is being offered for sale at $785,000. This is a great development opportunity for those looking to take advantage of the overwhelming surge of upward pressure on rents and development in the area.
Features
: Publicsewer
Address Map
FL
Miami-Dade County
North Miami
33161
601 NE 138th St
W81° 48' 47.7''
N25° 54' 8.8''
MLS Addon
: Other
106
106
: Other
Southwest
1
1
Cash,Conventional,Other
06-22-19-009-0140
RICHARDS MANORS
$6,576
2021
: Other, Cableavailable, Wateravailable, Electricityavailable, Seweravailable, Trashcollection, Phoneavailable