Basic Information

  • Type Multi Family
  • Status Closed
  • Subdivision/Complex FRANKLIN PARK
  • Total Sqft 8,100
  • Date Listed 06/03/2021
  • Days on Market 138
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 60k/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.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description
  • Style Multi Family

Interior Features

  • Adjusted Sqft 8,100Sq.Ft
  • Sqft 8,100 Sq.Ft

Property Features

  • Address 268 NE 80th Ter
  • Aprox. Lot Size 8,100
  • Furnished Info no
  • Listing Terms Cash, Conventional
  • HOA Fees $0
  • Subdivision Complex
  • Subdivision Info FRANKLIN PARK
  • Tax Amount $7,279
  • Tax Legal desc FRANKLIN PARK PB 6-75 LOT 16 LOT SIZE 8100 SQUARE FEET OR 19035-3058 0300 1 COC 24724-0233 06 2006 1
  • Tax Year 2020
  • Terms Considered Cash, Conventional
  • Type of Property Multi Family

268 NE 80th Ter

Miami, FL 33138

The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Sigma Real Estate & Investment. tel: 305-770-4440

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