729 Nw 55th Ter, Miami, FL 33127

$1,514,000

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List Price
$1,514,000
MLS#
A12069759
Status
ACTIVE
Type
Commercial

Property Description

Legal 6-Plex Miami Investment Opportunity! 6-Unit Multifamily on an Oversized Lot with Significant Upside. This 10 Bed / 8 Bath asset offers investors the opportunity to acquire a multifamily property with great rents. Just minutes from the Miami Design District, Midtown, Downtown, and Miami Beach. The property features gated parking, A very clean 2 Story building plus another additional building. Seller will deliver with appliances installed prior to closing. Units have central A/C, a spacious backyard, multiple storage sheds, a covered carport, and a completely fenced perimeter. The roof is weathertight, providing a solid foundation for an investor looking to make strategic improvements, increase rents, and maximize the property’s income potential. Situated on high and dry land and surrounded by new two-story construction, the property benefits from ongoing redevelopment and strong long-term neighborhood momentum. An attractive value-add opportunity for investors seeking rental growth, operational upside, and long-term appreciation potential in a prime Miami location. These multifamily assets are hard to find! Call or Text Listing Agent for private showing. Proof of Funds required.

Additional Information

Days on Market
0
Parcel Number
01-31-14-030-0040
Lot Size
13,100
Address
729 Nw 55th Ter, Miami
Year Built
1926
Section
14

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Calculator source: Real Geeks

Listing Courtesy of Lexico Realty Inc, Contact: