High School Pk Track

Highlights:

• Lot Features: Less Than 1/4 Acre Lot
• Documents Available: Accounting Statements, Financial Statement, Inventory, Copy Of Lease(S), Other Available Information, Rent Rolls
• Architectural Style: Detached, Old Spanish
• Cooling: Ceiling Fan(s), Electric, Wall/Window Unit(s)
• Heating: Electric, Window/Wall
• Flooring: Tile, Vinyl
• Construction Materials: Concrete Block Construction, CBS Construction, Stucco

Description:

Located in a coveted Opportunity Zone, this 5-UNIT multifamily property boasts over $100,000 in permitted electrical & plumbing upgrades, ensuring reliable infrastructure. Zoned T-5-R, there's great potential for higher-density mixed-use development, allowing up to 5 stories with retail, office, and residential spaces—unlocking significant value appreciation. Durable concrete block construction, there is a mix of 1, 2, and 3-Bedroom units, each with separate electric meters for tenant convenience. Spacious front & back yards, perfect for making desirable common areas for potential new tenants. Not in a flood zone, this investment offers a strong cap rate, making it a rare find in Miami’s competitive market. Bringing rents up to current market will also dramatically improve your returns!