Property Description

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.

Features
: Central Electric
: Ceramic Floor
: Central Business District
: Barrel Roof
: Security Gate, Smoke Detector(s), Security Fence, Security Lights
Address Map
FL
Miami-Dade County
Miami
33127
345 NW 34th St
0
W81° 47' 51.8''
N25° 48' 30.9''
Please google property address, do not disturbed tenants building showing only by appointment Accompany by broker listing agent.
MLS Addon
90
: Leases, Building & Land
: Annual Lease
: City Street
: Sale
2
: Free Standing
$13,810
: Public
3900

Commercial Sale For Sale

345 NW 34th St, Miami, Florida 33127

7,150 Sqft
$2,300,000
Listing ID #A11682606
Basic Details
Property Type : Commercial Sale
Property SubType : Income/multifamily
Listing Type : For Sale
Listing ID : A11682606
Price : $2,300,000
Year Built : 1925
Lot Area : 7,150 Sqft
Building Area : 4,866 Sqft
Status : Active
Agent info
Contact Agent