Basic Information

  • MLS # A11051761
  • Type Duplex / Quad Plex / Triplex
  • Style Triplex
  • Status Sold
  • Subdivision/Complex FRANKLIN PARK
  • Year Built 1925
  • Total Sqft 2,326
  • Date Listed 06/03/2021
  • Days on Market 168
Description

LOCATED IN AN OPPORTUNITY ZONE. Triplex zoned T6-8-O. Covered land play. Buy and hold with existing cashflow in place until you develop the lot. 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 150UnitsAcre. By right, up to 28 units apartment, hotel, or condo can be built on the lot, along with ground floor retail. The property features access from the front and rear, 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 60kyr in gross income with minimal landlord expenses and an opportunity to increase rents.

Exterior Features

  • Waterfront No
  • Pool No
  • Construction Type Block,Frame,Stucco
  • Parking Spaces 0
  • Parking Description

Interior Features

  • Adjusted Sqft 2,326
  • Cooling Description Central Air
  • Floor Description Tile
  • Heating Description Central
  • Sqft 2,326

Property Features

  • Aprox. Lot Size 2,326
  • Construction Materials Block,Frame,Stucco
  • Furnished Info No
  • Listing Terms Cash,Conventional
  • Lot Description Approx 14 Acre
  • Short Sale Regular Sale
  • HOA Fees N/A
  • Subdivision Complex
  • Subdivision Info FRANKLIN PARK
  • Tax Amount $7,279
  • Tax Information 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 Triplex

268 NE 80th Ter

Miami, FL 33138

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