"THE UNDERLINE DEVELOPMENT " With Current Income

Description:

HABU UNDERLINE is an exciting prospective revitalization venture situated within the desirable Natoma Park, Coconut Grove locale. The existing property comprises three non-conforming rental units, yielding an annual rental income of approximately $68,000.00.

The envisioned project entails the creation of exquisite three-story twin homes, exude luxury and style. Each residence will encompass around 2,700 square feet of space, boasting four bedrooms, a spa facility, and sheltered culinary spaces on the rooftop. Four bathrooms will complement the bedrooms, while a covered two-car garage and an array of rooftop amenities will further enhance the properties' allure. An added advantage is the project's strategic positioning adjacent to "the underline," heightening its investment appeal.

The strategic blueprint involves securing necessary city entitlements in Miami, followed by the demolition phase. Both twin homes will be erected in tandem. The selection of this project hinges on its central location and its adjacency to "the underline," ensuring a seamless fusion of opulent living with an urban ambiance.


Exciting prospective revitalization venture situated within the desirable Natoma Park, Coconut Grove locale!!


INVESTMENT HIGHLIGHTS:



Investment Highlights


Delivered w approved plans


Seller Financing Available


Covered land play


Current GI $67,200.00


“Seller to pay buyers rep commission”


Plans for (2) twin homes.


(2) 4 bed, 3.5 bth double garage


Underline Phase 2


Natoma subdivision


"Seller to Pay buyers rep commission"

Documents: