798 70th St,Duplex, Henry Ford Sub No 2

798 70th St, Miami, Florida, 33150

Price $379,000.00

• Lot size 1462
• Year Build 1948
• Waterfront
• Zip 33150
• Style
• Parking Description
• Pool Yes
• Status Active

Description

HOT DEAL FOR DEVELOPERS or INVESTORS. Opportunity Zone. Very spacious single family home in a corner lot of 7150 sqf with great potential. Completely renovated, this is a TURNKEY PROPERTY that can be rented as a 3/1, plus a 2/1 with an expected CAP rate 7.55% Under the Miami21 zoning the lot is zoned T4-L and is located adjacent to the announced multimillion-dollar Liberty Square project. PLANS APPROVED FOR FIVE CONTEMPORARY STYLE TOWNHOUSES of total 7516 sqf Each unit has two stories, 3 bed 2.5, garage and 1 parking space. Expected CAP rate 12.30% at the completion of the construction. This area has already seen a huge influx of investors. Only minutes to everywhere: I-95/Miami Beach/MIMO/Wynwood... Owner financing available up to 50% for qualified buyer (36 months balloon mortgage)

14 53 41 HENRY FORD SUB NO 2 PB 9-119 LOTS 1 & 2 BLK 3 LOT SIZE 50.000 X 143

Less Than 1/4 Acre Lot

HOT DEAL FOR DEVELOPERS or INVESTORS. Opportunity Zone. Very spacious single family home in a corner lot of 7150 sqf with great potential. Completely renovated, this is a TURNKEY PROPERTY that can be rented as a 3/1, plus a 2/1 with an expected CAP rate 7.55% Under the Miami21 zoning the lot is zoned T4-L and is located adjacent to the announced multimillion-dollar Liberty Square project. PLANS APPROVED FOR FIVE CONTEMPORARY STYLE TOWNHOUSES of total 7516 sqf Each unit has two stories, 3 bed 2.5, garage and 1 parking space. Expected CAP rate 12.30% at the completion of the construction. This area has already seen a huge influx of investors. Only minutes to everywhere: I-95/Miami Beach/MIMO/Wynwood... Owner financing available up to 50% for qualified buyer (36 months balloon mortgage)

City:Miami,Zoning:3901,List A O R:A-Miami Association of REALTORS,Tax Year:2020,Latitude:25.8384211,Malone Id:2093882299,Cooling Y N:1,Heating Y N:1,List Price:379000,Listing Id:A10978011,Longitude:-80.2106716,Mls Status:Active,Year Built:1948,Living Area:1352,Postal Code:33150,Street Name:70th St,Coordinates:1:25.8384211,Photos Count:5,Building Name:HENRY FORD SUB NO 2,Days On Market:38,Listing Terms:1:Owner Will Carry,Lot Size Units:Square Feet,M L S Area Major:Henry Ford Sub No 2,On Market Date:2021-01-04,Parcel Number:01-31-14-019-0460,Parking Total:4,Property Type:Residential Income,Stories Total:1,Street Number:798,M I A M I R E_ Style:Duplex,Public Remarks:HOT DEAL FOR DEVELOPERS or INVESTORS. Opportunity Zone. Very spacious single family home in a corner lot of 7150 sqf with great potential. Completely renovated, this is a TURNKEY PROPERTY that can be rented as a 3/1, plus a 2/1 with an expected CAP rate 7.55% Under the Miami21 zoning the lot is zoned T4-L and is located adjacent to the announced multimillion-dollar Liberty Square project. PLANS APPROVED FOR FIVE CONTEMPORARY STYLE TOWNHOUSES of total 7516 sqf Each unit has two stories, 3 bed 2.5, garage and 1 parking space. Expected CAP rate 12.30% at the completion of the construction. This area has already seen a huge influx of investors. Only minutes to everywhere: I-95/Miami Beach/MIMO/Wynwood... Owner financing available up to 50% for qualified buyer (36 months balloon mortgage),County Or Parish:Miami-Dade County,Expiration Date:2021-04-30,Listing Service:Limited Service,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Postal Code Plus4:3835,Property Sub Type:Duplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:HENRY FORD SUB NO 2,Tax Annual Amount:2362,Unparsed Address:798 NW 70th St, Miami FL 33150,Year Built Details:New Construction,Building Area Total:1462,Building Area Units:Square Feet,Lot Size Square Feet:1462,M I A M I R E_ L P Amt Sq Ft:280.3254,Original List Price:398000,Previous List Price:389000,Property Condition:1:Substantially Remodeled,Public Survey Range:31,I D X Participation Y N:1,Syndication Remarks:HOT DEAL FOR DEVELOPERS or INVESTORS. Opportunity Zone. Very spacious single family home in a corner lot of 7150 sqf with great potential. Completely renovated, this is a TURNKEY PROPERTY that can be rented as a 3/1, plus a 2/1 with an expected CAP rate 7.55% Under the Miami21 zoning the lot is zoned T4-L and is located adjacent to the announced multimillion-dollar Liberty Square project. PLANS APPROVED FOR FIVE CONTEMPORARY STYLE TOWNHOUSES of total 7516 sqf Each unit has two stories, 3 bed 2.5, garage and 1 parking space. Expected CAP rate 12.30% at the completion of the construction. This area has already seen a huge influx of investors. Only minutes to everywhere: I-95/Miami Beach/MIMO/Wynwood... Owner financing available up to 50% for qualified buyer (36 months balloon mortgage),Listing Contract Date:2021-01-04,Originating System I D:miamire,Public Survey Section:14,Showing Instructions:Call Owner,Street Number Numeric:798,Tax Legal Description:14 53 41 HENRY FORD SUB NO 2 PB 9-119 LOTS 1 & 2 BLK 3 LOT SIZE 50.000 X 143,Public Survey Township:31,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:3%,M I A M I R E_ Adjusted Area S F:1389,Contract Status Change Date:2021-01-04,Internet Address Display Y N:1,Transaction Broker Compensation:3%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:280.33,