6734 5th Ave, Miami, FL 33150

For Sale $685,000
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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)

6734 5Th Ave, Miami, Fl 33150 | Floor Plans

  • Days On Market:
    47
    Listed:
    Jul 16, 2024
  • Size:
    N/A
    Rooms:
    4
  • Bathrooms:
    3
    Baths Half:
    0
  • Terms:
    All Cash, Conventional, Owner Will Carry
    Property Facing:
    East
  • Last Modification:
    6 days ago
    Price Change:
    -14.16%

Property Taxes and Assessment

  • Annual Tax
    $9,286
  • Tax Year
    2023
  • Maintenance Fee
    N/A
  • Association Fee
    N/A
  • Terms
    All Cash, Conventional, Owner Will Carry

Property Features

Facts and features
Interior Features
  • First Floor Entry
    • Exterior Features
  • Lighting
    • Appliances
  • Microwave
    Electric Range
    Refrigerator
    • Parking
  • Driveway
    On Street
    • Other Facts
    Heating
  • Central
    • Cooling
  • Central Air
    • Flooring
  • Ceramic Floor
    • Window Features
  • Hurricane Shutters
    • Roof
  • Shingle
    • Fencing
  • Fenced
    • Water Source
  • Municipal Water
    • Sewer
  • Public Sewer
    • Amenities
    Laundry Features
  • Washer/Dryer Hook-Up
    • Community Features
  • Public Road
    • Architectural Style
  • Detached
    One Story
    • Structure Type
  • R30-No Pool/No Water
    House

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