Commercial property in Miami, Florida 241.55 sq.m. № 2050059

Commercial property in Miami, Florida 241.55 sq.m. № 2050059
ID2050059 $ 1 350 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
2050059

Property description

Located in the heart of Little Havana bordering Shenandoah, The Roads, and just minutes from Brickell, this income-producing multifamily property presents a rare investment and redevelopment opportunity in one of Miami’s most dynamic urban corridors. zoned T3O Situated at 1010 SW 14th Ave, this 2,600 SF multifamily residence features 5 bedrooms and 3 bathrooms and is currently generating over $5,000 in monthly rental income, offering immediate cash flow for investors. The property’s flexible layout allows it to be held as a performing rental asset or repositioned for future development. For developers and builders, the property can be delivered with approved plans to construct two modern townhomes with rooftop terraces, maximizing the value of its prime central location near Downtown, Coral Gables, and major employment centers. Surrounded by vibrant culture, dining, and rapid redevelopment, this property offers multiple exit strategies: hold for income, renovate, or build new luxury townhomes in a neighborhood experiencing strong demand and growth. A unique opportunity to acquire a high-performing asset with development upside in the urban core of Miami.
MLS #: A11982365
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CityMiami
Address1010 SW 14th Ave, Miami FL 33135
TypeCommercial property
Living space241.55 m²
  • sq. ft
Completion dateIV quarter, 1976
Parking places4
Price
  • Price
  • per m²
$ 1 350 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £