Basic Information

  • Type Multi Family
  • Status Closed
  • Year Built 1954
  • Total Sqft 10,200
  • Date Listed 01/12/2022
  • Days on Market 35
Description

Awesome Opportunity Awaits! Location, Location, Location! Rare 6-unit income producing complex with two detached buildings in the Palm Grove/Ironside neighborhood in the heart of the MiMo District. Near Magic City, Design District, Midtown and Wynwood. All 6 units currently rented with below market rents. Perfect for an investor looking for great short-term value-add or long-term hold equity growth in one of Miami’s most burgeoning neighborhoods. Building #1 has four 1 bed-1 bath units and Building 2 has one 2 bed-1bath unit plus a studio unit, all fenced in for privacy. Possibility to add two more units or increase height to 3 stories per Miami 21 T4-R zoning, with entitled multi-family use, bed and breakfast use by Warrant, or educational use by Exception. Please do not disturb tenants.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Block
  • Parking Description
  • Style Multi Family

Interior Features

  • Adjusted Sqft 10,200Sq.Ft
  • Cooling Description Other, Wall Window Units
  • Floor Description Tile, Wood
  • Heating Description Other
  • Sqft 10,200 Sq.Ft

Property Features

  • Address 420 NE 70th St
  • Aprox. Lot Size 10,200
  • Construction Materials Block
  • Furnished Info no
  • Listing Terms Cash, Conventional
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $8,690
  • Tax Legal desc BAYWOOD PB 5-85 LOT 7 & 8 BLK 5 LOT SIZE 10200 SQUARE FEET OR 19734-2616 06 2001 1
  • Tax Year 2021
  • Terms Considered Cash, Conventional
  • Type of Property Multi Family

420 NE 70th St

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: Graber Realty Group LLC. tel: 786.362.5672

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