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435 NE 77th St Rd, Miami FL 33138

Commercial For Sale
$3,850,000

BTC: 63.18664185

ETH: 1,140.96048128

4 days
Waterfront
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

Development opportunity with T4-R-General urban zoning, this prime real estate gem offers a lucrative opportunity to create a dynamic multi-family development. Property has 110 feet of captivating river frontage with ocean access, and situated alongside a lush park. This is truly a unique property with unlimited potential. The property is in close proximity to major upcoming development sites and is currently generating an impressive rental income of $9950 per month for the next two years. The steady cash flow sets the stage for a profitable investment that yields both immediate returns and long-term prosperity. For the discerning investor partial owner financing is also available, offering a flexible and attractive arrangement to kickstart your development vision.

Location

Facts and features

Type:
Commercial Land
Parking:
No Data
Year Built:
No Data
Lot:
0.50 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data
All facts and features
  • Lot

    • Lot: 0.50 Acres

    Other Property Information

    • Parcel Number: 01-32-07-040-0310

    • Zoning: 3900

  • Type and style

    • Property Type: Commercial Land

  • Utility

    • Electricity Connected

    • Sewer Connected

    • Water Connected

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $34,482

  • Source details

    • MLS ID: A11612417

    Other facts

    • Lot Features: City Location / Less Than 1 Acre

    • Waterfront: Yes

    • Water Source: Municipal Water

    • Lot Size Dimensions: 110x186

    • Subdivision Name: FEDERAL WAY AMD

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Waltzer Properties, LLC