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530 NE 29th Street, Miami, FL

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530 NE 29th Street

Miami, FL 33137-4686 - Edgewater MF Submarket

Property Type:Multi-Family Number of Units:10 Status:Existing Year Built:1954
Stories:- Building Size:3,881 SF Land Area:.14 AC (6,299 SF)
For Sale Price:$4,900,000 Price/Unit:$490,000.00 Cap Rate:1.50 % GRM:-


Sale Notes:
Development Opportunity-Partake in the extreme transformation of Miami's EAST Edgewater area. Waterfront lot w/60 linear Ft fronting Biscayne Bay. Possible Assemblage. Zoned T6-36AL. Neighboring high-end luxury condo projects. Current 10 unit building 100% occupied w/$72k annual rent roll. Proposed project of 43unit boutique hotel. Seller has plans w/ 2&3D site plan diagrams; 8 stories build, up to 43k SF of development, City Zoning analysis for parking, setbacks, massing regulations & restrictions.

Miami's East Edgewater community. East of Biscayne Blvd. North of I395/836 South of I195/112. Just one lot from the bay.

HB Roswell Realty
Marcelo Silvia
(954) 907-3192

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