2238 NW 7th St new

Miami,FL 33125

$ 1200000

- Bed

0 Bath

2590 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 2,590 sqft

Price per Sqft $463

MLS Listing ID A11832668

Year Built 1926

Annual Tax Amount $15,398

Lot Size 6,350 Sqft

Property Sub-Type Mixed Use

Property Description

Income-generating mixed-use investment of two contiguous parcels in Zone T6-8-0. Although listed separately (folios 01-4103-029-0080 & 01-4103-029-0070), both will be conveyed as a single package. Parcel .0080 includes a fully leased office building generating $8,240/month, one-bedroom apartment ($2,000/month) and studio ($1,100/month). Parcel .0070 features a 3-bed/1-bath house ($2,500/month), a studio ($1,250/month) and two one-bedroom apartments ($2,000/month each). Combined monthly income totals $19,090. Zoning T6-8-0 permits mixed-use development and future redevelopment potential. High-demand location near retail, transit and major thoroughfares supports immediate cash flow and long-term appreciation. Contact the listing agent for full financials and showing instructions.

Location

State FL

County Miami-dade

Area 41

Others

Acceptable Financing Cash,Owner May Carry

Listing Terms Cash,Owner May Carry

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11832668

View More
Favorite Go Tour