Basic Information

  • MLS # A11681255
  • Type Single Family Residence
  • Status Closed
  • Subdivision/Complex 7TH AVENUE HIGHLANDS
  • Year Built 1941
  • Total Sqft 10,800
  • Date Listed 10/23/2024
  • Days on Market 119
Description

HOT DEAL! INVESTOR/DEVELOPMENT OPPORTUNITY. 4/3 Single home family in a huge double lot of 10,800 SF with excellent potential. This is a PROPERTY, completely renovated and ready for rental with expected CAP rate of 9%. The land consists of two lots of 5,400 SF. each (Lot 20 & 21 BLK 12) zoned T3-O (open). Primary zone 5700 DUPLEXES–GENERAL. MIAMI 21 Affordable Housing Program also allows DOUBLE DENSITY development with the opportunity and flexibility to build up to 8 Units!! There are many options for development of this lot. Great location close to schools and shopping, within a few minutes to Wynwood, I-95, downtown Miami, beaches, and the airport.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 4
  • Pool No
  • Construction Type Block
  • Parking Description Driveway, Other, On Street
  • Exterior Features Fence, Lighting, Storm Security Shutters
  • Style Single Family Residence

Interior Features

  • Adjusted Sqft 10,800Sq.Ft
  • Cooling Description Central Air, Other
  • Equipment Appliances Electric Range, Microwave, Refrigerator
  • Floor Description Ceramic Tile
  • Heating Description Central, Other
  • Interior Features Bedroom On Main Level, First Floor Entry, Other
  • Sqft 10,800 Sq.Ft

Property Features

  • Address 6734 NW 5th Ave
  • Aprox. Lot Size 10,800
  • Construction Materials Block
  • Furnished Info no
  • Listing Terms Cash, Conventional, F H A, Other
  • HOA Fees $0
  • Subdivision Complex
  • Subdivision Info 7TH AVENUE HIGHLANDS
  • Tax Amount $9,286
  • Tax Legal desc 13 53 41 SEVENTH AVE HIGHLANDS PB 14-13 LOTS 20 & 21 BLK 12 LOT SIZE 80.000 X 135
  • Tax Year 2023
  • Terms Considered Cash, Conventional, F H A, Other
  • Type of Property Single Family Residence

6734 NW 5th Ave

Miami, FL 33150

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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: Xcellence Realty. tel: 866-595-6025

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