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For Sale

345 34th St, Miami, Florida 33127

$2,300,000
Wynwood North Multifamily Develpoment and income producing building. 8 unit building 100% lease with excellent Return on investment. Building was upgrade in 2008 with impact windows, new Ac and water heater. Steady annual income of $181,200 with an option for annual increase in rental bringing the CAP rate to a healthy 6.5%. The zoning is T4-R High Density Multifamily residential. The density of the Lot is 150 Units per Acres with up to 3 Levels and 24 units of new construction, with no parking restrictions. Lot size is 50 w x 143 L . Please call listing agent for more information's on flyer of income and expenses and rent rolls. Investor & developer welcome.
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Details

    • Property Type: Commercial
    • Property SubType: Multi Family
    • Listing Type: For Sale
    • Listing ID: A11682606
    • Price: $2,300,000
    • View: Intercoastal,ocean,pool
    • Bedrooms: 0
    • Bathrooms: 0
    • Half Bathrooms: 0
    • Square Footage: 0 Sqft
    • Year Built: 1925
    • Status: Active
    • Original Property Type: Commercial Sale

Features

    • Heating System : Central, Electric
    • Roof Deck : Barrel
    • Flooring : Ceramic Tile

Location

    • Country US
    • State FL
    • County Miami-Dade
    • City Miami
    • Zipcode 33127
    • Neighborhood: Miami
    • Street: 34th St
    • Street Number: 345
    • Floor Number: 0
    • Longitude: W81° 51' 2.2''
    • Latitude: N26° 10' 11''
    • Directions: Please google property address, do not disturbed tenants building showing only by appointment Accompany by broker listing agent.

Additional Info

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