Idlewild Park | 8-Units

Highlights:

• 5,994 SF building
• 9,750 Sq Ft Lot
• 8 units
• 8 parking spaces
• Four balconies
• Built in 1971
• Zoned R-3 | Classified as T5-R, which allows for potential redevelopment or use for short-term rentals.
• Completed its 40-year recertification in 2022
• Utilities include separate electrical meters for each unit but a single water meter
• Situated near LoanDepot Park (home of the Miami Marlins).
• Within walking distance to various supermarkets, dining options, and public transit.
• Served by the Miami-Dade County Public Schools zone, including Shenandoah Elementary and Miami Senior High School.
• 100% occupancy

Description:

Embrace the potential of this remarkable 8-unit multifamily property in the vibrant South Florida area. Boasting a spacious 5,994 SF building with 100% occupancy, this well-maintained gem offers a prime investment opportunity. Built in 1971 and zoned R-3, the property delivers stability and growth potential, making it an ideal choice for the discerning low-rise/garden investor. With a strong rental history and an attractive location, this property embodies the essence of a stable, income-producing asset. Don't miss the chance to own this impressive multifamily property and unlock its long-term value in the thriving South Florida market.

Discover the dynamic potential of the South Florida market surrounding the location of IDLEWILD PARK. Situated in a vibrant neighborhood, this area provides convenient access to a diverse range of dining, entertainment, and cultural attractions. Prospective low-rise/garden investors will appreciate the proximity to iconic landmarks such as Little Havana, Coral Gables, and the historic Calle Ocho. The thriving area presents a compelling opportunity for multifamily developments, with strong rental demand and a dynamic urban atmosphere. Embrace the allure of the South Florida lifestyle and unlock the potential of this strategically positioned location.

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