6734 NW 5th Ave, Miami FL 33150

$ 599,000
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Overview

  • Updated On:
  • September 25, 2024
  • 4 Bedrooms
  • 3 Bathrooms

Description

HOT DEAL! INVESTOR/DEVELOPMENT OPPORTUNITY. 4/3 Single home family in a huge double lot of 10,800 SF with excellent potential.
This is a TURNKEY PROPERTY, completely renovated and ready for rental with expected CAP rate of 9%. The land consists of two lots of 5,400 SF. each (Lot 20 & 21 BLK 12) zoned T3-O (open). Primary zone 5700 DUPLEXES–GENERAL.
MIAMI 21 Affordable Housing Program also allows DOUBLE DENSITY development with the opportunity and flexibility to build up to 8 Units!!
There are many options for development of this lot. Great location close to schools and shopping, within a few minutes to Wynwood, I-95, downtown Miami, beaches and the airport. Owner financing available up to 50% for qualified buyer (36 months balloon mortgage)

Address: 6734 NW 5th Ave, Miami FL 33150
City:
State/County:
Zip: 33150
Country: United States
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Property Id : 11577180
Price: $ 599,000
Bedrooms: 4
Bathrooms: 3
Community Features: Public Road
Building Name: 7TH AVENUE HIGHLANDS
List Office Name: Xcellence Realty
Bathrooms Full: 3
Bathrooms Total Decimal: 3
Cooling: Central Air,Other
Days On Market: 70
Direction Faces: East
Flooring: Ceramic Floor
Garage Spaces: 3
Heating: Central,Other
Laundry Features: Washer/Dryer Hook-Up
On Market Date: 2024-07-16
Pets Allowed: Restrictions Or Possible Restrictions
Listing Id: A11625067
Previous List Price: 685000
Lot Features: Less Than 1/4 Acre Lot
Lot Size Units: Square Feet
Year Built Details: New Construction
Street Name: 5th Ave
Street Number: 6734
Street Number Numeric: 6734
View: Other
Water Source: Municipal Water
Window Features: Hurricane Shutters
Other Features
Electric Range
First Floor Entry
Has a View
Has Cooling System
Has Garage
Has Heating System
Lighting
Microwave
Open Parking
Other
Refrigerator
$ 3,071.19
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 2,322.44

Contact Me

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Martha Russomanno