268 80th Ter,Attached, Triplex, Franklin Park

268 80th Ter, Miami, Florida, 33138

Price $1,190,000.00

  • Lot size 2326
  • Year Build 1925
  • Waterfront
  • Zip 33138
  • Style Attached
  • Parking Description
  • Pool Yes
  • Status Active

Description

LOCATED IN AN OPPORTUNITY ZONE. Zoned T6-8-O. Covered land play. The subject property is a legal triplex with 2,326 SF of living area situated on an 8,100 SF lot Zoned T6-8-O. The zoning features a development density of 150/Units/Acre. By right, up to 28 units can be built on the lot, along with ground floor retail. The property features access from the front and rear alleyway, with frontage on two roads (NE 80th te & NE 80th st). The property is situated in the heart of Little River, just steps from shops and restaurants on NE 2nd Avenue. Currently rented, generating 55k/yr in gross income with minimal landlord expenses. Buy and hold with existing cashflow in place to carry your investment until you develop the lot.

FRANKLIN PARK PB 6-75 LOT 16 LOT SIZE 8100 SQUARE FEET OR 19035-3058 0300 1 COC 24724-0233 06 2006 1

Less Than 1/4 Acre Lot

LOCATED IN AN OPPORTUNITY ZONE. Zoned T6-8-O. Covered land play. The subject property is a legal triplex with 2,326 SF of living area situated on an 8,100 SF lot Zoned T6-8-O. The zoning features a development density of 150/Units/Acre. By right, up to 28 units can be built on the lot, along with ground floor retail. The property features access from the front and rear alleyway, with frontage on two roads (NE 80th te & NE 80th st). The property is situated in the heart of Little River, just steps from shops and restaurants on NE 2nd Avenue. Currently rented, generating 55k/yr in gross income with minimal landlord expenses. Buy and hold with existing cashflow in place to carry your investment until you develop the lot.

City:Miami,Zoning:6100,List A O R:A-Miami Association of REALTORS,Tax Year:2019,Flooring:1:Wood,Latitude:25.848725,Malone Id:2093817808,Cooling Y N:1,Heating Y N:1,List Price:1190000,Listing Id:A11028372,Longitude:-80.191373,Mls Status:Active,Year Built:1925,Living Area:2326,Postal Code:33138,Street Name:80th Ter,Coordinates:1:25.848725,Photos Count:29,Building Name:FRANKLIN PARK,Days On Market:6,Listing Terms:1:Conventional,2:Owner Will Carry,Lot Size Units:Square Feet,M L S Area Major:Franklin Park,On Market Date:2021-04-15,Parcel Number:01-32-07-029-0160,Parking Total:4,Property Type:Residential Income,Rent Includes:1:Water,Stories Total:1,Street Number:268,M I A M I R E_ Style:Triplex,Public Remarks:LOCATED IN AN OPPORTUNITY ZONE. Zoned T6-8-O. Covered land play. The subject property is a legal triplex with 2,326 SF of living area situated on an 8,100 SF lot Zoned T6-8-O. The zoning features a development density of 150/Units/Acre. By right, up to 28 units can be built on the lot, along with ground floor retail. The property features access from the front and rear alleyway, with frontage on two roads (NE 80th te & NE 80th st). The property is situated in the heart of Little River, just steps from shops and restaurants on NE 2nd Avenue. Currently rented, generating 55k/yr in gross income with minimal landlord expenses. Buy and hold with existing cashflow in place to carry your investment until you develop the lot.,County Or Parish:Miami-Dade County,Expiration Date:2022-04-01,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:4417,Property Sub Type:Triplex,State Or Province:FL,Street Dir Prefix:NE,Subdivision Name:FRANKLIN PARK,Tax Annual Amount:7279,Unparsed Address:268 NE 80th Ter, Miami FL 33138,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:2326,Building Area Units:Square Feet,Lot Size Square Feet:2326,M I A M I R E_ L P Amt Sq Ft:511.6079,Original List Price:1190000,Public Survey Range:32,Documents Available:1:Deposit - Security,I D X Participation Y N:1,Syndication Remarks:LOCATED IN AN OPPORTUNITY ZONE. Zoned T6-8-O. Covered land play. The subject property is a legal triplex with 2,326 SF of living area situated on an 8,100 SF lot Zoned T6-8-O. The zoning features a development density of 150/Units/Acre. By right, up to 28 units can be built on the lot, along with ground floor retail. The property features access from the front and rear alleyway, with frontage on two roads (NE 80th te & NE 80th st). The property is situated in the heart of Little River, just steps from shops and restaurants on NE 2nd Avenue. Currently rented, generating 55k/yr in gross income with minimal landlord expenses. Buy and hold with existing cashflow in place to carry your investment until you develop the lot.,Listing Contract Date:2021-04-15,Originating System I D:miamire,Public Survey Section:0,Showing Instructions:Appointment Only,Street Number Numeric:268,Tax Legal Description:FRANKLIN PARK PB 6-75 LOT 16 LOT SIZE 8100 SQUARE FEET OR 19035-3058 0300 1 COC 24724-0233 06 2006 1,Public Survey Township:32,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:2326,Contract Status Change Date:2021-04-15,Internet Address Display Y N:1,Internet Consumer Comment Y N:1,Internet Entire Listing Display Y N:1,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:511.61,Internet Automated Valuation Display Y N:1,

  • Price $1,190,000.00
  • Price Change: 2021-04-15
  • Lot size sq. ft.
  • Price per sq.ft.
  • Year Build 1925
  • Waterfront
  • View
  • Pool Yes
  • Style Attached
  • Construction Concrete Block Construction
  • Parking Description
  • Flooring Type Tile, Wood
  • Property Type Residential Income
  • Status Active
  • Listed 2021-04-15
  • Days on Market 21
  • Furnished
  • City Miami
  • Zip 33138
  • State Florida
  • Subdivision FRANKLIN PARK
  • Development Name FRANKLIN PARK, Franklin Park
  • HOA Fees
  • Taxes 7279
  • Taxes Year 2019