670 56th St ,Residential-multi-family for Sale

670 56th St for Sale

Price $1,200,000.00

• Lot size 10500
• Year Build 1952
• Waterfront
• Zip 33127
• Style
• Parking Description On Street
• Pool Yes
• Status Active

Description

8 unit Multifamily with 10,500 sqft corner lot zoned T68O. 7 studios and 1 one bed one bath. Currently at a 5.5% Cap - Proforma - 7.98 % Cap - Airbnb Proforma: 14% Cap Zoning allows for an array of uses including mix use residential, short term rental(Airbnb), commercial, retail, office, food and recreational, Alcohol service establishment, religious facility, pre-school, research facility. Zoning also allows to build up to 8 stories for future development. Property is located just west of I-95 with easy access to the airport, Downtown, Brickell, 20 blocks to Midtown and design district, 40 blocks from Wynwood.

13 53 41 PB 41-18 RESUB OF REV PL OF EASTMORELAND LOTS 13 & 14 BLK 4 LOT SIZE 105.000 X 100 OR 20679-4588 0902 1 COC 23712-3409 08 2005 1

8 unit Multifamily with 10,500 sqft corner lot zoned T68O. 7 studios and 1 one bed one bath. Currently at a 5.5% Cap - Proforma - 7.98 % Cap - Airbnb Proforma: 14% Cap Zoning allows for an array of uses including mix use residential, short term rental(Airbnb), commercial, retail, office, food and recreational, Alcohol service establishment, religious facility, pre-school, research facility. Zoning also allows to build up to 8 stories for future development. Property is located just west of I-95 with easy access to the airport, Downtown, Brickell, 20 blocks to Midtown and design district, 40 blocks from Wynwood.

City:Miami,Zoning:6100,List A O R:A-Miami Association of REALTORS,Stories:1,Latitude:25.8266556,List Price:1200000,Listing Id:A11306808,Longitude:-80.2075073,Mls Status:Active,Year Built:1952,Inclusions:Building & Land,Possession:1:Other,Postal Code:33127,Street Name:56th St,Coordinates:1:25.8266556,Photos Count:32,Days On Market:36,Listing Terms:1:Conventional/Refinance,Lot Size Units:Square Feet,On Market Date:2022-11-14,Parcel Number:01-31-13-046-0340,Property Type:Commercial Sale,Stories Total:1,Street Number:670,Open Parking Y N:1,Public Remarks:8 unit Multifamily with 10,500 sqft corner lot zoned T68O. 7 studios and 1 one bed one bath. Currently at a 5.5% Cap - Proforma - 7.98 % Cap - Airbnb Proforma: 14% Cap Zoning allows for an array of uses including mix use residential, short term rental(Airbnb), commercial, retail, office, food and recreational, Alcohol service establishment, religious facility, pre-school, research facility. Zoning also allows to build up to 8 stories for future development. Property is located just west of I-95 with easy access to the airport, Downtown, Brickell, 20 blocks to Midtown and design district, 40 blocks from Wynwood.,County Or Parish:Miami-Dade County,Expiration Date:2023-11-13,List Office Name:Fausto Commercial Realty Consultants Inc,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:1562,Property Sub Type:Income/MultiFamily,State Or Province:FL,Street Dir Prefix:NW,Tax Annual Amount:8995,Unparsed Address:670 NW 56th St, Miami FL 33127,Listing Agreement:Exclusive Agency,Building Area Total:3049,Building Area Units:Square Feet,Lot Size Square Feet:10500,Number Of Buildings:1,Original List Price:1200000,Public Survey Range:31,I D X Participation Y N:1,Syndication Remarks:8 unit Multifamily with 10,500 sqft corner lot zoned T68O. 7 studios and 1 one bed one bath. Currently at a 5.5% Cap - Proforma - 7.98 % Cap - Airbnb Proforma: 14% Cap Zoning allows for an array of uses including mix use residential, short term rental(Airbnb), commercial, retail, office, food and recreational, Alcohol service establishment, religious facility, pre-school, research facility. Zoning also allows to build up to 8 stories for future development. Property is located just west of I-95 with easy access to the airport, Downtown, Brickell, 20 blocks to Midtown and design district, 40 blocks from Wynwood.,Listing Contract Date:2022-11-14,Originating System I D:miamire,Public Survey Section:13,Showing Instructions:24 Hour Notice,Appointment Only,Call Listing Agent,Street Number Numeric:670,Tax Legal Description:13 53 41 PB 41-18 RESUB OF REV PL OF EASTMORELAND LOTS 13 & 14 BLK 4 LOT SIZE 105.000 X 100 OR 20679-4588 0902 1 COC 23712-3409 08 2005 1,Public Survey Township:31,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:1%,Contract Status Change Date:2022-11-14,Internet Address Display Y N:1,Number Of Units In Community:8,Transaction Broker Compensation:1.5%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,