Henry Ford Sub No 2
$995,000
742 NW 70th St, Miami Shores, FL 33150
2,738 sqft
Building Size
3
Units
Details:
Highlights:
- Lot Features: Less Than 1/4 Acre Lot
- Documents Available: Appraisal
- Architectural Style: Attached
- Cooling: Central Air
- Heating: Central
- Construction Materials: Concrete Block Construction
Description:
Brand new construction triplex located in the up-and-coming West Little River neighborhood of Miami. This modern multifamily property features three spacious 3-bedroom, 2-bath units, each built with quality materials and designed for low maintenance and long-term durability. Property includes impact windows and doors, brand new roof, new central A/C systems, PVC plumbing, and in-unit washer and dryer in each unit.
The property is currently vacant and in the process of leasing, providing an excellent opportunity for a new owner to place tenants at market or Section 8 rents. Section 8 rents for 3-bedroom units in this zip code are up to $2,952 per unit, offering strong and stable income potential.
The site is zoned multifamily and allows for up to six units by right, presenting future development or expansion upside. With low operating expenses due to new construction and strong rental demand, this is an ideal opportunity for investors seeking a turnkey asset with cash flow and long-term appreciation.
Location
Gallery
