Biscayne Terrace
$1,000,000
845 NE 121st St, Biscayne Park, FL 33161
2,790 sqft
Building Size
2
Units
Details:
Highlights:
- Lot Features: 1/4 To Less Than 1/2 Acre Lot
- Documents Available: Rent Rolls, Existing Survey
- Architectural Style: Other
- Cooling: Central Air, Wall/Window Unit(s)
- Heating: Central, Window/Wall
- Flooring: Ceramic Floor, Wood
- Construction Materials: Concrete Block Construction
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.
Location
Gallery
