Income/MultiFamily · Commercial Sale
625 SW 18th Ave, Miami FL 33135
Miami, FL, 33135
$1,100,000
Presented by Parvani Commercial Group, Inc.
About This Property
Excellent investment and redevelopment opportunity in a prime location on a desirable corner lot. Property consists of 5 legal units is currently being used as 6 units Property being sold strictly AS-IS with existing violations and liens. Currently zoned T4-R with a pending rezoning application to T5-0 under Miami 21, offering significant potential for future redevelopment. Architectural plans are included with sale. Buyer must conduct all due diligence and independently verify existing and proposed uses, unit count, zoning development rights, code compliance, violations, liens and the status and requirements of the pending rezoning application. Seller and Broker make no representation or guarantee that the requested T5-O rezoning will be approved. Approved plans and financial available.
Property Details
- Property Type
- Income/MultiFamily
- Status
- Active
- MLS #
- A12085564
- Building Area
- 3,307 SF
- Lot Size
- 7,127 SF
- Year Built
- 1937
- Zoning
- 3900
- Net Operating Income
- $56,996
- Days on Market
- 1
- Price
- $1,100,000