Torque Property Management
Listed by Torque Property Management
$1,000,000
BISCAYNE TERRACE
Details
APN 06-22-30-018-0280
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 2,790
Year Built 1947
Zoning 3700
Parking Spaces 5 spaces
Parking Per SqFt 1.79
Multifamily
Marketing description
Prime development opportunity in North Miami. Oversized 13,000 sq ft lot with existing income-producing duplex currently leased. The property received administrative approval from the city of North Miami to construct a 5 unit multifamily building, offering excellent redevelopment potential. Investors may choose to renovate and hold the existing duplex for rental income or move forward with the approval multifamily project. Also, an ideal opportunity to build a custom dream home on a large lot just minutes from Miami Shores, top schools and neighborhood shops. The exiting duplex is currently leased and in need of renovations. Tenant occupied, Do Not Disturb tenants or walk the property.
Listing Contacts
Torque Property Management
Listed by Torque Property Management
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