268 80th Ter,Attached, Triplex, Franklin Park

268 80th Ter, Miami, Florida, 33138

Price $999,000.00

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

Description

LOCATED IN AN OPPORTUNITY ZONE. Triplex zoned T6-8-O. Covered land play. Buy and hold with existing cashflow in place until you develop the lot. 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 (apartment, hotel, or condo) can be built on the lot, along with ground floor retail. The property features access from the front and rear, 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 and an opportunity to increase rents.

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. Triplex zoned T6-8-O. Covered land play. Buy and hold with existing cashflow in place until you develop the lot. 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 (apartment, hotel, or condo) can be built on the lot, along with ground floor retail. The property features access from the front and rear, 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 and an opportunity to increase rents.

City:Miami,Zoning:6100,List A O R:A-Miami Association of REALTORS,Tax Year:2020,Latitude:25.848725,Malone Id:2093817808,Cooling Y N:1,Heating Y N:1,List Price:999000,Listing Id:A11051761,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:21,Building Name:FRANKLIN PARK,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M L S Area Major:Franklin Park,On Market Date:2021-06-03,Parcel Number:01-32-07-029-0160,Parking Total:6,Property Type:Residential Income,Stories Total:1,Street Number:268,M I A M I R E_ Style:Triplex,Public Remarks:LOCATED IN AN OPPORTUNITY ZONE. Triplex zoned T6-8-O. Covered land play. Buy and hold with existing cashflow in place until you develop the lot. 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 (apartment, hotel, or condo) can be built on the lot, along with ground floor retail. The property features access from the front and rear, 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 and an opportunity to increase rents.,County Or Parish:Miami-Dade County,Expiration Date:2022-07-01,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:429.4927,Original List Price:999000,Public Survey Range:32,Documents Available:1:Deposit - Last Months Rent,2:Investment Analysis,3:Copy Of Lease(S),I D X Participation Y N:1,Number Of Units Total:3,Syndication Remarks:LOCATED IN AN OPPORTUNITY ZONE. Triplex zoned T6-8-O. Covered land play. Buy and hold with existing cashflow in place until you develop the lot. 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 (apartment, hotel, or condo) can be built on the lot, along with ground floor retail. The property features access from the front and rear, 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 and an opportunity to increase rents.,Listing Contract Date:2021-06-03,Originating System I D:miamire,Public Survey Section:0,Showing Instructions:Call Listing Agent,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,Construction Materials:1:Frame With Stucco,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:1726,Contract Status Change Date:2021-06-03,Internet Address Display Y N:1,Number Of Units In Community:3,Transaction Broker Compensation:3.0%,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:429.49,

  • Price $999,000.00
  • Price Change: 2021-06-03
  • Lot size sq. ft.
  • Price per sq.ft.
  • Year Build 1925
  • Waterfront
  • View
  • Pool Yes
  • Style Attached
  • Construction Concrete Block Construction, Frame With Stucco
  • Parking Description
  • Flooring Type Tile
  • Property Type Residential Income
  • Status Active
  • Listed 2021-06-03
  • Days on Market 19
  • Furnished
  • City Miami
  • Zip 33138
  • State Florida
  • Subdivision FRANKLIN PARK
  • Development Name FRANKLIN PARK, Franklin Park
  • HOA Fees
  • Taxes 7279
  • Taxes Year 2020