Commercial property in North Miami Beach, Florida 127.74 sq.m. № 1974261

Property description

INVESTOR ALERT: THE RED TAPE HAS BEEN CUT! $700K+ EQUITY UPSIDE! This high-frontage duplex is back on the market and better than ever. While administrative hurdles and City permit delays held this property longer than necessary—causing three previous solid offers to stall—those obstacles are officially GONE. The City has APPROVED the architectural plans and drawings, and the $23,000 Sewer Connection is PAID & COMPLETED. We have done the heavy lifting so you don’t have to! Featuring two 2BR/1BA mirror-image units on an oversized lot, this is a premier "value-add" play. Market comps and recent appraisals support a valuation approaching $700,000+ once the final minor sign-offs are captured. Perfectly located near Oleta River State Park, Sunny Isles Beach, and Aventura Mall, this is a goldmine for long-term rentals or a high-yield Airbnb play. The Seller is highly motivated and looking for a FIRM, FAST-ACTION OFFER. Preferred terms: 30-day close and 5-7-day inspection. FOR YOU CASH BUYERS: Seller may consider a closing cost contribution for a seamless, no-contingency deal.