6734 5th Ave,Duplex, 7th Avenue Highlands

6734 5th Ave, Miami, Florida, 33150

Price $448,000.00

• Lot size 1546
• Year Build 1941
• Waterfront
• Zip 33150
• Style
• Parking Description
• Pool Yes
• Status Active

Description

HOT DEAL!! INVESTOR/DEVELOPMENT OPPORTUNITY. Very spacious single family in a huge lot of 10,800 SF with excellent potential. This is a turnkey property, suitable for two families, completely renovated and ready for rental with expected CAP rate 8% The land consists of two lots of 5,400 SF. each (Lot 20 & 21 BLK 12), zoned T3-O (open). Primary zone 5700 DUPLEXES ? GENERAL. There are a few options for development, it's possible to build a two story duplex of about 2,000 SF per story in each lot, or to rent the existing single family and to build a duplex in the vacant lot. Great location close to schools and shopping, within a few minutes to Wynwood, I-95, downtown Miami, beaches and the airport. Owner financing available up to 50% for qualified buyer (36 months balloon mortgage)

13 53 41 SEVENTH AVE HIGHLANDS PB 14-13 LOTS 20 & 21 BLK 12 LOT SIZE 80.000 X 135

Less Than 1/4 Acre Lot

HOT DEAL!! INVESTOR/DEVELOPMENT OPPORTUNITY. Very spacious single family in a huge lot of 10,800 SF with excellent potential. This is a turnkey property, suitable for two families, completely renovated and ready for rental with expected CAP rate 8% The land consists of two lots of 5,400 SF. each (Lot 20 & 21 BLK 12), zoned T3-O (open). Primary zone 5700 DUPLEXES ? GENERAL. There are a few options for development, it's possible to build a two story duplex of about 2,000 SF per story in each lot, or to rent the existing single family and to build a duplex in the vacant lot. Great location close to schools and shopping, within a few minutes to Wynwood, I-95, downtown Miami, beaches and the airport. Owner financing available up to 50% for qualified buyer (36 months balloon mortgage)

City:Miami,Zoning:5700,List A O R:A-Miami Association of REALTORS,Tax Year:2020,Latitude:25.8367022,Malone Id:2093880746,Cooling Y N:1,Heating Y N:1,List Price:448000,Listing Id:A10978058,Longitude:-80.2048755,Mls Status:Active,Year Built:1941,Living Area:1436,Postal Code:33150,Street Name:5th Ave,Coordinates:1:25.8367022,Photos Count:8,Building Name:7TH AVENUE HIGHLANDS,Listing Terms:1:Owner Will Carry,Lot Size Units:Square Feet,M L S Area Major:7th Avenue Highlands,On Market Date:2021-01-04,Parcel Number:01-31-13-024-2290,Parking Total:6,Property Type:Residential Income,Stories Total:1,Street Number:6734,M I A M I R E_ Style:Duplex,Public Remarks:HOT DEAL!! INVESTOR/DEVELOPMENT OPPORTUNITY. Very spacious single family in a huge lot of 10,800 SF with excellent potential. This is a turnkey property, suitable for two families, completely renovated and ready for rental with expected CAP rate 8% The land consists of two lots of 5,400 SF. each (Lot 20 & 21 BLK 12), zoned T3-O (open). Primary zone 5700 DUPLEXES ? GENERAL. There are a few options for development, it's possible to build a two story duplex of about 2,000 SF per story in each lot, or to rent the existing single family and to build a duplex in the vacant lot. Great location close to schools and shopping, within a few minutes to Wynwood, I-95, downtown Miami, beaches and the airport. 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:New,Postal Code Plus4:3945,Property Sub Type:Duplex,State Or Province:FL,Street Dir Prefix:NW,Subdivision Name:7TH AVENUE HIGHLANDS,Tax Annual Amount:4099,Unparsed Address:6734 NW 5th Ave, Miami FL 33150,Year Built Details:Resale,Building Area Units:Square Feet,Lot Size Square Feet:1546,M I A M I R E_ L P Amt Sq Ft:312.6741,Original List Price:449000,Public Survey Range:31,I D X Participation Y N:1,Syndication Remarks:HOT DEAL!! INVESTOR/DEVELOPMENT OPPORTUNITY. Very spacious single family in a huge lot of 10,800 SF with excellent potential. This is a turnkey property, suitable for two families, completely renovated and ready for rental with expected CAP rate 8% The land consists of two lots of 5,400 SF. each (Lot 20 & 21 BLK 12), zoned T3-O (open). Primary zone 5700 DUPLEXES ? GENERAL. There are a few options for development, it's possible to build a two story duplex of about 2,000 SF per story in each lot, or to rent the existing single family and to build a duplex in the vacant lot. Great location close to schools and shopping, within a few minutes to Wynwood, I-95, downtown Miami, beaches and the airport. 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:13,Showing Instructions:Call Owner,Street Number Numeric:6734,Tax Legal Description:13 53 41 SEVENTH AVE HIGHLANDS PB 14-13 LOTS 20 & 21 BLK 12 LOT SIZE 80.000 X 135,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:1483,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:312.67,