$685,000
For Sale

6734 NW 5th Ave

Miami, FL 33150
4 beds | 3 baths | #A11625067
Browse 24 photos
Type:Purchase
Structure:House
Zone:Residential

Description

HOT DEAL! INVESTOR/DEVELOPMENT OPPORTUNITY. 4/3 Single home family in a huge double lot of 10,800 SF with excellent potential.
This is a TURNKEY PROPERTY, completely renovated and ready for rental with expected CAP rate of 9%. The land consists of two lots of 5,400 SF. each (Lot 20 & 21 BLK 12) zoned T3-O (open). Primary zone 5700 DUPLEXES–GENERAL.
MIAMI 21 Affordable Housing Program also allows DOUBLE DENSITY development with the opportunity and flexibility to build up to 8 Units!!
There are many options for development of this lot. Great location close to schools and shopping, within a few minutes to Wynwood, I-95, downtown Miami, beaches and the airport. Owner financing available up to 50% for qualified buyer (36 months balloon mortgage)

  • Interior Details
      • InteriorFirst Floor Entry, Other
    • Beds & Baths
      • Bedrooms4
      • Bathrooms3
      • Full Baths3
  • Property Details
      • Lot DescriptionLess Than 1/4 Acre Lot
      • Exterior MaterialsLighting
      • ViewOther
    • Parking
      • Parking TypeDriveway, Other, On Street
      • Parking Spaces3
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1941
  • Utilities / Energy Details
      • Utility SourceMunicipal Water
      • Sewer InformationPublic Sewer
  • Community and Neighborhood Details
      • Subdivision7TH AVENUE HIGHLANDS
    • Location
      • CountyMiami-Dade County
  • Other
      • MLS #A11625067

Location

Tatiana TorresReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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