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New
2126
Home61's Closings in
Miami, FL
Amenities
Key features
Living area
N/A
Lot size
N/A
Tax
$12,124 (2024)
$ /sqft
-
Tenant Occupied
No
Parking Space
0
Building
-
On market
1 day
$ /sqft
-
Type
other
Year Built
1900
Unit
-
Zip Code
12550
Ref./MLS ID
KEY894116
DESCRIPTION
Prime mixed-use investment opportunity – 5,786 sf corner building in high-growth area
offered for the first time in over two decades, this well-maintained 5,786 square foot mixed-use building is a standout investment opportunity in one of the region’s most rapidly developing areas. Owned by the same family for 21 years, the property features a solid rental history with excellent potential for increased income. The ground-floor commercial space is home to a long-standing neighborhood grocery store with stable tenancy. Above the storefront are two spacious residential apartments, each offering four bedrooms, one full bathroom, a large living room, and an eat-in kitchen. Both units have separate private entrances, allowing for flexible use or future redevelopment potential. Situated on a prominent corner lot, this property is surrounded by ongoing development and revitalization, positioning it perfectly to benefit from the area's upward momentum. All rents are currently well below market value, providing immediate opportunity for value-add improvements and increased cash flow. Whether you’re an investor looking for strong long-term growth or a developer seeking your next project in a thriving location, this property is a rare find in a market on the rise.
Data is provided by OneKey MLS.
Listed on July 27, 2025 by Angela Danosky from Picture It Sold, LLC, this other is for sale. other for sale in Newburgh (City) listed at $729,900, Reference KEY894116
The multiple listing information is provided by OneKey MLS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2025 OneKey MLS®. All Rights Reserved.
The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
The multiple listing information is provided by OneKey MLS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2025 OneKey MLS®. All Rights Reserved.
The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.