Costantini VIP Realty

Serving the Miami-Dade, Broward and Palm Beach Counties

 

Property Description

Unique opportunity to acquire a strategically placed small multifamily situated on Downtown Miami and close to the Miami’s key market, Miami WorldCenter. • 2 story building with 4 units next to the I-395/State Road 836. Gross building of +/- 2,928 SF in 4,750 SF lot size. Fourplex in-place with rents of $1,200/mo. and NOI of 39K.rn• Lot is in an Opportunity Zone Area. • Favorable T6-8-L Zoning designation. • Automatic upzone due to Overtown CRA allows to increase the height of a development up to 20 floors and double the density. It must include a qualifying affordable housing component. • 2 minutes to Miami Central; 8 minutes to Miami Intl. Airport; 4 minutes to the Port of Miami; 10 minutes to South Beach. Property is next to the new development of 30-acre of public open space.

Features
: Window/wall
: Wall/window Unit(s)
: 4
: Ceramic Floor
: Less Than 1/4 Acre Lot
: Concrete
: Public Sewer
Address Details
FL
Miami-Dade County
Miami
33136
1302 NW 1st Pl
ALICE BLADWIN ET AL SUB
0
Other
: Attached
: Concrete Block Construction
19
: Conventional, Cash
4
: Sewer
1
2
: Quadruplex, Fourplex
$8,263
2021
6106

Residential Income For Sale

ALICE BLADWIN ET AL SUB

1302 NW 1st Pl, Miami, Florida 33136

2,928 Sqft
$950,000
Listing ID #A11230597
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : A11230597
Price : $950,000
Square Footage : 2,928 Sqft
Year Built : 1961
Lot Area : 4,750 Sqft
Building Area : 4,750 Sqft
Status : Active
Property SubType : Quadruplex
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