Unique Development Opportunity - Florida Investing/Development Property For Sale Or Rent at BestRealEstatePlanet.com

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Property For Sale Or Rent: Unique Development Opportunity

USA, Florida

Miami Beach
Florida
USA

Property for sale: $1,950,000 USD (Negotiable - Financing Available)

Investing/Development Opportunity in Miami Beach, Florida USA

Property is comprised of two buildings on a double lot with 13,800 SF. Each building has two 1/1 and 4 studios for a total of 12 units. It currently brings a yearly income of 103k and are all rented on a month to month basis.

Property is comprised of two buildings on a double lot with 13,800 SF. Each building has two 1/1 and 4 studios for a total of 12 units. It currently brings a yearly income of 103k and are all rented on a month to month basis. Rents are currently going up in the area, making it great for any investor that is interested in looking for a 1031 exchange and/or to hold the property and enjoy the property appreciation due to the city beautification project in the area and closeness to the ocean. Property may also be used as land to develop and/or condo-conversion possibility.

Property Summary

Offered by		Agent
Area		13,800 Sq. Ft
Features		Furnished, Appliances, Laundry Room, Pool, Gym/Spa, Balcony, Terrace, Patio, Cable TV, Ocean View, Mountain View, 24 Hour Security,