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.
Property Details
Price:
$2,300,000
MLS #:
A11682606
Status:
Active
Beds:
0
Baths:
0
Address:
345 NW 34th St
Type:
Commercial
Subtype:
Income/MultiFamily
City:
Miami
Listed Date:
Jan 23, 2025
State:
FL
Finished Sq Ft:
4,866
Total Sq Ft:
4,866
ZIP:
33127
Year Built:
1925
See this Listing
Mortgage Calculator
Schools
Interior
Flooring
Ceramic Floor
Heating
Central Electric
Exterior
Roof
Barrel Roof
Security Features
Smoke Detector(s), Security Fence, Security Gate, Security Lights
Financial
Taxes
$13,810
Map
Community
- Address345 NW 34th St Miami FL
- CityMiami
- CountyMiami-Dade County
- Zip Code33127
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