625 SW 18 Avenue
$1,100,000
625 SW 18th Ave, Miami, FL 33135
56,996
NOI
3,307 sqft
Building Size
Details:
Highlights:
- Lot Features: Corner Unit, In Residential Area
- Building Features: Automobile Traffic, City Licenses, County Licenses, Exterior Lighting, Natural Gas, Outside Storage, Pedestrian Traffic
- Number Of Buildings: 2
- Documents Available: Aerial Photo(S), Appraisal, Drawings, Investment Analysis, Other Available Information, Owner Managed, Rent Rolls, Existing Survey
- Cooling: Wall/Window Unit(s)
- Electric: 110 Volts Power, Separate Meters
- Flooring: Tile, Vinyl
- Construction Materials: CBS Construction
- Security Features: Smoke Alarm, Security Fence
- Disclosures: Disclosure
- Ownership: Self Proprietor/Individual
Description:
Excellent investment and redevelopment opportunity in a prime location on a desirable corner lot. Property consists of 5 legal units is currently being used as 6 units Property being sold strictly AS-IS with existing violations and liens. Currently zoned T4-R with a pending rezoning application to T5-0 under Miami 21, offering significant potential for future redevelopment. Architectural plans are included with sale. Buyer must conduct all due diligence and independently verify existing and proposed uses, unit count, zoning development rights, code compliance, violations, liens and the status and requirements of the pending rezoning application. Seller and Broker make no representation or guarantee that the requested T5-O rezoning will be approved. Approved plans and financial available.
Location
Gallery