431 NE 64th St, Miami FL 33138

$1,400,000

$529.70/Sq Ft

  • N/A Beds
  • N/A Baths
  • N/A Parking
  • 2643 ft²
Description

Location, Location, Location! Rare Mimo/Art Deco style 4 Plex w/ pool on a double lot zoned T4-R (Multifamily 2-9 Units) located between the long awaited Magic City Innovation District and Biscayne Blvd. Keep existing 4 Plex, create Bed and Breakfast or REDEVELOP up to 3 stories and 9 units. The current NOI is substantially under market. An adjusted NOI will bring roughly $76k+ yr. 2 short blocks to Starbucks, Panther Coffee, Europa Café, good restaurants and 3 short blocks to legion park where they have the farmers market every Saturday. Call with any questions.

Marvel Avellanet
Marvel Avellanet

Real Estate Broker

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Technical Summary
Price$1,400,000
BedsN/A
BathsN/A
Area2643 ft²
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