13499 Biscayne Ste 103, North Miami, FL 33181
25 53 41 NORTHERN BLVD TR PB 2-29 LOT 18 BLK 2 LOT SIZE 50.000 X 143 OR 15537-2155 0592 3 COC 25410-3816 02 2007 1 Wynwood North Multifamily Develpoment and income producing building. 8 unit building 100% lease with excellent Return on investment. Building was upgrade in 2008 with impact windows, new Ac and water heater. Steady annual income of $181,200 with an option for annual increase in rental bringing the CAP rate to a healthy 6.5%. The zoning is T4-R High Density Multifamily residential. The density of the Lot is 150 Units per Acres with up to 3 Levels and 24 units of new construction, with no parking restrictions. Lot size is 50 w x 143 L . Please call listing agent for more information's on flyer of income and expenses and rent rolls. Investor & developer welcome.
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