Address
268 NE 80th Ter Miami, FL
Price
$ 999,000
Property Attributes
  • MLS#A11051786
  • TypeLand
  • CountyMIAMI-DADE
  • CityMiami
  • Area32
  • NeighborhoodFRANKLIN PARK
  • Zip33138
  • StyleMultiFamily
  • Taxes$ 7279
  • Price$ 999,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size8,276 SqFt
Listing Provided Courtesy Of:
Sigma Real Estate & Investment
Data Source:
Southeast Florida MLS (SEFMLS) - 43 - FL
Property Description

LOCATED IN AN OPPORTUNITY ZONE. Zoned T6-8-O. Covered land play. The subject property is a legal triplex with 2,326 SF of living area situated on an 8,100 SF lot Zoned T6-8-O. The zoning features a development density of 150/Units/Acre. By right, up to 28 units can be built on the lot, along with ground floor retail. The property features access from the front and rear alleyway, with frontage on two roads (NE 80th te & NE 80th st). The property is situated in the heart of Little River, just steps from shops and restaurants on NE 2nd Avenue. Currently rented, generating 55k/yr in gross income with minimal landlord expenses. Buy and hold with existing cashflow in place to carry your investment until you develop the lot.

Price History
6/3/2021 Listed $999,000

General Features

Current Use Commercial
MLS Area 32
Property SubType MultiFamily
Property Type Land
Sewer PublicSewer
Terms Cash, Conventional
Zoning Description 6100

Exterior Features

Covered Spaces 0.0
Lot Features Item1Acre
Lot Size Acres 0.19
Lot Size Area 8100.0
Lot Size Square Feet 8100.0
Lot Size Units SquareFeet
Water Source Other
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 33138

Price
AVG $3.52M
$1,000K
Taxes
AVG $11,723
$7,279
Visits
AVG 33
13
Walkscore
AVG 75
83
Data Provided by Walkscore ® not using MLS data

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