5200 NW 7th Ave, Miami, 33127

  • $625,000

Listing UP for Sale

Miami

Overview

Property ID: A11586242
  • Property Type
  • Single Family Residence
  • 3
  • Bedrooms
  • 1
  • Bathroom
  • 3
  • Garages
  • 1243
  • sqft
  • 4800
  • Lot sqft
  • 1920
  • Year Built

Description

Fully remodeled 3 bed/1 bath property with zoning for up to 5 stories on the busy NW 7th Ave corridor. Opportunity to develop up to 11 units of mixed-income housing, with plans underway. Generating over $37K annually without need of further improvements. This property is perfect for a developer looking to leverage strong rezoning incentives while capitalizing on short-term income as the neighborhood thrives. Currently fully rented at $3,100 to a reliable tenant using it as an office, willing to stay or vacate if needed.

  • Address 5200 NW 7th Ave
  • City Miami
  • State/county Florida
  • Zip/Postal Code 33127
  • Area Miami-dade County

Details

Updated on August 11, 2024 at 12:08 am
  • Property ID: A11586242
  • Price: $625,000
  • Property Size: 1243 sqft
  • Land Area: 4800 sqft
  • Bedrooms: 3
  • Bathroom: 1
  • Garages: 3
  • Year Built: 1920
  • Property Type: Single Family Residence
  • Property Status: Listing UP for Sale

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Bruno Cattorini
  • Bruno Cattorini