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Land
Tools
Size
2,590 Sq Ft.
interior
0.39 Acres
Exterior
Financial
$1,150,000
Sold 11-30-21
$444
Price Per Sqft
$4,631
Annual taxes
Listing Details
Land
Property type
138504
Web Id
2744705-A10841328
MLS ID
1633
Days Posted
Description
111 NW 76th St,
Miami,
FL
33150
Miami, FL 33150
Amazing investment opportunity in Little Haiti (2 FOLIOS: 111 NW 76 ST AND 110 NW 77 ST). 8 Existing CASH-FLOWING units, 100% Occupancy! Rents are Below Market! 5%+ Cap Rate in a Prime and Growing area w/ possibility to increase significantly. Favorable Zoning: T5-R! Ideal Buy-and-Hold Investment with HUGE UPSIDE for FUTURE REDEVELOPMENT. Build up to 5 stories high & 30 units, do your own research. Property Has Access on 2 Streets. **Located in OPPORTUNITY ZONE: potentially offering significant capital gains tax savings for the buyer. Little Haiti is currently developing the Magic City Innovation District Area: Residential Commercial Art Galleries Showrooms Offices Entertainment Spaces. Once complete it will raise rents & property values in the surrounding area along the way.
Price History
| date | price | variance | type | global |
|---|---|---|---|---|
| 11/29/2021 | $1,150,000 | - | Sold | view listing |
| 4/1/2020 | $1,150,000 | - | Listed |
Listing By: Keller Williams Eagle Realty via Data Source: MIAMI MLS
listing agent: John Salt
