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$ 1,390,000
Est. payment | /mo
1,822 SqFt
$ 1,390,000
Est. payment | /mo
1,822 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,822 sqft
Price per Sqft $762
MLS Listing ID A11726935
Construction Status Resale
HOA Y/N No
Year Built 1924
Annual Tax Amount $12,716
Lot Size 5,008 Sqft
Property Sub-Type Multi Family
Property Description
Welcome to a remarkable opportunity in the heart of Wynwood! This property, recently rezoned to T4R, offers a canvas for your visionary development. The house, sitting on a generous 5008 SQ FT lot which has been rezoned under the NDR-2 UrbanCore Opportunity Zone.With the flexibility to build up to 4 floors and accommodate up to 17 rental units, the potential is boundless. Zero parking also allowed to enable max number of units (3 floors & 70% lot coverage) The main house boasts 4 bedrooms and 3 bathrooms,ensuring spacious living,while a separate guest house adds versatility. Imagine crafting a modern masterpiece in this vibrant art and culture hub. Embrace the future,seize the moment – Wynwood awaits your transformative touch!This home is currently leased as AirBnB approx 138K/year
Location
State FL
County Miami-dade
Area 31
Direction Property located in Wynwood. 2 blocks West of Midtown Miami Shops on N Miami ave.
Interior
Flooring Ceramic Tile
Window Features Impact Glass
Exterior
Roof Type Barrel
Private Pool Yes
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Block
Construction Status Resale
Others
Tax ID 01-31-25-019-2600
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11726935
Listed by Fortune Christie's Intl R.E.