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10899 SW 7th St, Sweetwater FL 33174

Sweetwater, FL 33174

$3,399,000

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Price
$3,399,000
Building size
8,376
Property type
Income/MultiFamily
Year built
1971
Lot size (sq ft)
12,500
MLS number
A12120666

This listing is courtesy of Atlante Real Estate Inc, 305-772-6671.

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About this property

AMAZING UNIVERSITY CITY DISTRICT OPPORTUNITY, STEPS TO F.I.U.! Two fourplexes offered as one folio on a 12,500 SF site in the City of Sweetwater’s University District, with a wide range of potential uses including STUDENT HOUSING, AIRBNB, subject to City approval, or ANCHOR your ASSEMBLAGE offsetting expenses while you entitle. The property runs the length of 109 Ave from 10899 SW 7 St north to 10894 SW 6th St. More than 54,000 FIU students and faculty are one block away, five FIU projects are under construction, and University City is reinventing itself right at your door. Eight spacious 2 bed / 1 bath units average 1,047 SF (8,376 SF total), each with HVAC and a full size in unit washer and dryer. Both buildings have completed 40 year recertification. All units are month to month at rents well below market, giving a new owner immediate control of the rent roll and a clear value add path. Open, generous parking, zoned for 8. See links in Broker Remarks...

Details

Property type
Income/MultiFamily
Year built
1971
Lot size (sq ft)
12,500

Location

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

Newmar Brokerage, LLC

10899 SW 7th St, Sweetwater FL 33174 | Newmar Brokerage, LLC