Description
Exceptional investment opportunity featuring two freestanding buildings on a massive 12,666 sq. ft. corner lot in the heart of Miami. Zoned T3-R with a Multi-Family (2–9 Units) land use designation, this unique property offers tremendous flexibility for investors, owner-occupants, or those seeking a value-add opportunity.
Spanning approximately 5,764 total square feet, the property consists of multiple income-producing units across two separate structures.
The first building features a well-maintained and updated layout with a 3-bedroom, 2-bath unit on the first floor and a 2-bedroom, 1-bath unit on the second floor.
The second building includes a 2-bedroom, 1-bath unit on the first floor, a 2-bedroom, 1-bath unit on the second floor, and an attached 1-bedroom, 1-bath efficiency. While this structure would benefit from updates, it presents significant upside potential for increased income and value.
The oversized corner lot provides ample outdoor space, parking flexibility, and future redevelopment potential rarely found in urban Miami properties. Whether you're looking to expand your portfolio, renovate and reposition, or create a long-term income-producing asset, opportunities of this size and configuration are increasingly rare.
Details
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Property ID A12023296
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Price $1,550,000
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Property Size 5294 sqft
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Year Built 1925
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Property Status Active
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Property Type Quadruplex, Residential Income
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Listing Courtesy Of Florida Select Realty
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