1133 Nw 79th Ter, Miami, FL 33150

$1,280,000
3,396
SqFt

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List Price
$1,280,000
MLS#
A12051752
Sq. Ft
3,396
Subtype
Quadruplex
County
Miami-Dade
Community
Nature Park
Subdivision
Nature Park
Year Built
1942

Property Description

Prime multifamily investment and development opportunity in Miami’s rapidly evolving NW 79th Street Corridor! This unique corner property consists of 3 separate buildings with a total of 7 legal units, offering immediate income potential plus significant upside. The property includes a 3-bedroom/2-bath single-family home, a 1-bedroom/1-bath single-family home, and a 5-unit building with five 1-bedroom/1-bath apartments. In addition, the corner portion of the lot offers the potential to build a new duplex, expanding the property to a total of 9 units, subject to applicable approvals and permitting. Located near Liberty Square and within an Opportunity Zone, this property is ideally positioned to benefit from continued neighborhood investment, redevelopment, and growth. An excellent opportunity for an investor seeking a combination of existing multifamily income, value-add potential, and future development possibilities in an up-and-coming Miami location. Rare opportunity to acquire, reposition, and expand in one of Miami’s emerging investment corridors

Additional Information

Status Label
ACTIVE
Total Unitsin Complex
3
Construction
Concrete Block Construction
Cooling
Wall/Window Unit(s)
Flooring
Tile
Heating
None
Lot Description
1/4 To Less Than 1/2 Acre Lot
Roof
Concrete
Taxes
$9,288
Total Floors
2
Stories
2
Roofing
Concrete
Price Per Sqft
$376

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Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing Courtesy Of DeMar Realty, Contact: gabriela@demarealty.com