437 NE 30th St, Miami, FL 33137

Joel Rodriguez

PRO

0545697

Listed by Global Investments Realty

$3,200,000

540 days on market

Updated 30 days ago

Multi-Family Edgewater 7 Units

Details

Property Type

Multifamily

Sub Type

Apartment Building, Apartment/Condo

Square Footage

5,220

Net Rentable (SqFt)

5,220

Units

Class

Year Built

1918

Buildings

Stories

Lot Size (SqFt)

5,500

Zoning

T6-36a-L

Parking Spaces

Investment Type

Redevelopment

Ownership

Corporation

Multifamily | 7 Units | Edgewater

Marketing description

Property is an two-story building, totaling 7 living units in a 5,500 square feet lot size, according to the Miami Dade Property Appraiser. Property is located in a premium and highly sought after neighborhood which continues to grow, Edgewater; that includes the most successful projects in unit sales in recent years, besides Brickell and Downtown. Units are leased in a month-to-month basis, offering flexibility for future ownership plans. Favorable T6-36a (L) zoning designation allows up to 66,000 buildable square feet and 18 units, plus the possibility of adding up to 40% of Floor Lot Ratio (FLR) via public benefit. Perfectly located next to Biscayne Blvd., 15-minute drive to Miami Airport, and 5-minute drive toDesign District, Wynwood, Brickell and Downtown Miami. Driving Directions:

Investment highlights

Property is located in a premium and highly sought after neighborhood which continues to grow, Edgewater; that includes the most successful projects in unit sales in recent years, besides Brickell and Downtown.

Favorable T6-36a (L) zoning designation allows up to 66,000 buildable square feet and 18 units, plus the possibility of adding up to 40% of Floor Lot Ratio (FLR) via public benefit.