INTERIOR SHOWINGS ONLY WITH AN OFFER OR LOI. 6-Unit building on a 7,500 SF lot zoned T6-8-O, steps from the Miami River. Land bank opportunity with 6% cap rate in place. Buy and hold as multifamily, convert to short term rental, or knock down and build up to 26 units by right, or build a multifamily/hotel project with 10,000 SF or less with zero parking. Full CBS two-story 1970’s construction. All units are 781 SF with 2-beds, and 1-bath. Total living area of 4,688 SF. Roof was completed in June of 2021. Adjacent to an incredible new construction luxury multifamily project. The property is currently producing $175k in annual gross rents, with an opportunity to increase rents to 200k gross annually ($2,800/unit) as leases expire. The apartments have been extensively remodeled.