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DESCRIÇÃO
Amazing investment opportunity in little haiti (2 folios: 111 nw 76 st and 110 nw 77 st). 8 existing cash-flowing units, 100% occupancy! rents are below market! 5%+ cap rate in a prime and growing area w/ possibility to increase significantly. Favorable zoning: t5-r! ideal buy-and-hold investment with huge upside for future redevelopment. Build up to 5 stories high & 30 units, do your own research. Property has access on 2 streets. "located in opportunity zone: potentially offering significant capital gains tax savings for the buyer. Little haiti is currently developing the magic city innovation district area: • residential • commercial • art galleries • showrooms • offices • entertainment spaces. Once complete it will raise rents & property values in the surrounding area along the way.
Data is provided by Miami Board of Realtors.
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Listed on April 01, 2020 by John Salt from Keller Williams Eagle Realty, this other is for sale. other for sale in Little River listed at $1,150,000, Reference A10841328
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