Description
Excellent investment opportunity strategically located close to Wynwood and the Health District. Area with high demand for lease with near-zero vacancy rate for rental units. Sale contingent upon obtaining City of Miami Building Permit. Plans are currently in the final rounds of the building permit process. Price includes among others Construction Plans and MDC Impact Fees. Prospective buyer shall only pay for Permit Fees at City of Miami Approved plans allow the construction of a multifamily 2 story building with 6 apartments (2b-2b) and 8 off street parking spaces. Outstanding ROE and tax benefits for qualifying as Opportunity Zone. Additionally, prospective buyer may adhere to a construction lump sum contract with experienced General Contractor at a competitive fixed price.
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0BEDS
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0.19ACRES
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0BATHS
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01/2 BATHS
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525SQFT
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$1,133$/SQFT
School Ratings & Info
Description
Excellent investment opportunity strategically located close to Wynwood and the Health District. Area with high demand for lease with near-zero vacancy rate for rental units. Sale contingent upon obtaining City of Miami Building Permit. Plans are currently in the final rounds of the building permit process. Price includes among others Construction Plans and MDC Impact Fees. Prospective buyer shall only pay for Permit Fees at City of Miami Approved plans allow the construction of a multifamily 2 story building with 6 apartments (2b-2b) and 8 off street parking spaces. Outstanding ROE and tax benefits for qualifying as Opportunity Zone. Additionally, prospective buyer may adhere to a construction lump sum contract with experienced General Contractor at a competitive fixed price.
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