5200 NW 7th Ave

3-bedroom house for sale in Miami

$675,000

Beds

Baths

Living Area

1243 Sq. Ft

Price per Sq. Ft.

$543

Living Area м²

115 м²

Price per м²

$ 5 845

Overview:

Living Area 1243 Sq. Ft.

Living Area м² 115 м²

Days On Market 223

Tax Annual Amount 8530

Garage Spaces 3

Year Build 1920

MLS# A11586242

Description:

Fully remodeled 3 bed/2 bath property with zoning for up to 5 stories on the busy NW 7th Ave corridor. Opportunity to develop up to 11 units of mixed-income housing, with plans underway. With potential of generating over $30K annually without further improvements, this property is perfect for a developer looking to leverage strong rezoning incentives while capitalizing on short-term income as the neighborhood thrives. Currently fully rented at $2,800 to a reliable tenant using it as an office, willing to stay or vacate if needed.

Property Features:

Address

FL, Miami

Street Name

7th Ave

Street Number

5200

Property Type

Residential / Single Family Residence

View

None

Architectural Style

OneStory

Flooring

Vinyl

Cooling

WallWindowUnits

Security Features

SecuritySystemLeased

Last Modification

2024-05-17 13:18:02

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Exterior Features

Shed

Interior Features

Bedroomon Main Level
FirstFloorEntry

Appliances

Electric Range
Refrigerator

Parking Features

OnStreet

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