729 NW 55th Ter - Apartments FOR SALE


Miami, FL 33127- Liberty City
$1,800,000 USD
305-588-9769
729 NW 55th Ter, Miami, FL for Sale
$1,800,000 USD
Apartments - FOR SALE
1/17
null | 7% Cap Rate

729 NW 55th Ter
Miami, FL 33127
Liberty City


HIGHLIGHTS

  • One block from I-95
  • Rapidly developing area
  • Extra lot for new construction

OVERVIEW

PLANS ARE APPROVED! Welcome to this property located near the busy intersection of NW 7th Avenue and 55th Terrace in Miami, FL. This property is in a highly developing area with a mix of commercial and residential and near bus stops, gas stations, and I-95. The property is being offered AS-IS by owner. Price of $1,800,000 at 7% rental cap rate based on Proforma. INCLUDES vacant empty lot on same property for future new construction. The total property size is 13,100 square feet. ONE FOLIO, TWO LOTS. On one lot, 6 units, while the other lot is ready to build. 2% Commission for buy-side broker. Bring a buyer!

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$529 USD /SF

# OF UNITS

6

PRICE/UNIT

$300,000

CAP RATE

7%

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

6 Plex plus Vacant Lot

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1985

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,100 SF

ZONING

T3-O, T5-O

APN/PARCEL ID

01-3114-029-0050,01-3114-030-0040

ASK ABOUT THIS PROPERTY

Ray NaseerLenox Hill LLCMore Info
305-588-9769

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Ray NaseerLenox Hill LLCMore Info
305-588-9769

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.