6535 NW 6th Ave, Miami, Florida 33150 USA
$595,000
Single Family
MLS® A11874907
About this Property
Updated home for owner user or rental income in Miami, FL between all the hot & gentrifying areas of Magic City, Little River and Swerdlow's new mixed-use development of 5,700 units within blocks. Home currently generates $28,800 in annual rental income, providing cash flow. Large 3/1 on 7,100 sq ft lot, zoned T5-R, allows for the development of up to 10 townhomes or 20 affordable housing units in up to 5 stories, but nearly permit approved for 8 townhomes. Located in a designated Opportunity Zone, offering potential tax benefits for investors. The land is clear with no trees to remove, streamlining development and reducing yard work or tree mitigation. The property has utilities available & near major roads and public transit. Please do not contact or disturb the tenants.Property Tour
Property Location
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Disclaimer
MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. This property is courtesy of Douglas Elliman.
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