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2042 SW 4th St - Residential Development opportunity w/Income 0.16 Acres of Residential Land Offered at $1,054,683 CAD in Miami, FL 33135

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Investment Highlights

.2 miles from Publix Super Market
6.0 miles from Miami International Airport

1.1 miles from LoanDepot Park

Executive Summary

6,900 SF lot allows up to 5 market units by right or up to 10 units under the City of Miami's attainable mixed-income housing program Zoned T-4R and is eligible for parking reductions given the property is located in a transit corridor (Quarter-Mile Radius). Plans included in the sale for 5 townhouses of 3 bedroom / 2.5 bath (available upon request, and plans are ready to submit). The house is currently rented, generating a gross income of $3,800.00 per month.

Property Facts

Price	$1,054,683 CAD	Property Subtype	Residential
Sale Type	Investment	Proposed Use	Apartment Units Planned Unit Development
No. Lots	1	Total Lot Size	0.16 AC
Property Type	Land	No. Stories	1
Zoning	T4-R - Multifamily - 5 market units by right or up to 10 units under the City of Miami's attainable mixed-income housing program

Price	$1,054,683 CAD
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Residential
Proposed Use	Apartment Units Planned Unit Development
Total Lot Size	0.16 AC
No. Stories	1
Zoning	T4-R - Multifamily - 5 market units by right or up to 10 units under the City of Miami's attainable mixed-income housing program

1 Lot Available

Lot

Price	$1,054,683 CAD	Lot Size	0.16 AC
Price Per AC	$6,675,205.90 CAD

Price	$1,054,683 CAD
Price Per AC	$6,675,205.90 CAD
Lot Size	0.16 AC

6,900 SF lot that allows up to 5 market units by right or up to 10 units under the City of Miami's attainable mixed-income housing program Zoned T-4R and eligible for parking reductions given the property is located in a transit corridor.

Description

House is currently rented generating a gross income of $3,800 per month 6,900 SF lot that allows up to 5 market units by right or up to 10 units under the City of Miami's attainable mixed-income housing program Zoned T-4R and eligible for parking reductions given the property is located in a transit corridor (Quarter-Mile Radius) Plans included in the sale for 5 townhouses of 3 bedroom / 2.5 bath (available upon request and plans are ready to submit) Compelling investment opportunity, with a centric location that is within walking distance to Calle Ocho, Publix, and nearby Brickell Please do not disturb tenants

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