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729 NW 55th Ter, Miami FL 33127

Miami, FL 33127

$1,500,000

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Price
$1,500,000
Building size
4,232
Property type
Income/MultiFamily
Year built
1926
Lot size (sq ft)
13,100
MLS number
A12069759

This listing is courtesy of Lexico Realty Inc, 954-328-6498.

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About this property

Legal 6-Plex Miami Investment Opportunity! 6-Unit Multifamily on an Oversized Lot with Significant Upside. This 10 Bed / 8 Bath asset offers investors the opportunity to acquire a multifamily property with great rents. Just minutes from the Miami Design District, Midtown, Downtown, and Miami Beach. The property features gated parking, A very clean 2 Story building plus another additional building. Seller will deliver with appliances installed prior to closing. Units have central A/C, a spacious backyard, multiple storage sheds, a covered carport, and a completely fenced perimeter. The roof is weathertight, providing a solid foundation for an investor looking to make strategic improvements, increase rents, and maximize the property’s income potential. Situated on high and dry land and surrounded by new two-story construction, the property benefits from ongoing redevelopment and strong long-term neighborhood momentum. An attractive value-add opportunity for investors seeking rental growth, operational upside, and long-term appreciation potential in a prime Miami location. These multifamily assets are hard to find! Call or Text Listing Agent for private showing. Proof of Funds required.

Details

Property type
Income/MultiFamily
Year built
1926
Lot size (sq ft)
13,100

Location

Listing information is deemed reliable but is not guaranteed accurate by MIAMI REALTORS®.

Newmar Brokerage, LLC

729 NW 55th Ter, Miami FL 33127 | Newmar Brokerage, LLC