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Home > Downtown Miami > Ivy > A10994039

A10994039, Condo # for Sale in Ivy, Miami

Sold
$458,700
90%
Listed Price
$4,687,000
$185 per sq.ft.
$1,988 per m2
Sold on Aug 12, 2021
Listed on Feb 3, 2021189 days on market
Studio
0 Baths
2,484 ft2 (231 m2)
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Description

Habitat Realty is pleased to present this unique investment opportunity for the acquisition of a Duplex with two 3 bedroom / 1 bathroom apartments with a solid cash flow. The duplex has 5,840 square foot lot with T6-8 Open zoning, which allows 150 units per acre. The Duplex is located in a limited sector of blocks with high density in Allapattah neighborhood, being able to build 20 units in a building of up to 8 stories high. The Duplex is just 4 blocks away from Allapattah metro Station, 8 minutes away from Jackson Hospital and just 5 minutes from Wynwood and Design District area. An area that is rapidly expanding and experiencing revitalization. Around the corner is 17 Avenue with easy access to 112 and I95. Actual Cap Rate 6.5%
Any questions about Ivy Contact our
1590 NW 38th St Miami, FL
  • Listed on:

    Feb 3, 2021
  • Days on Market:

    1170
  • Maintenance:

    n/a
  • Taxes:

    $3,991 per year
  • Year:

    2008
  • Furniture:

    n/a
  • Floor Description:

    n/a
  • Occupancy:

    n/a
  • Terms Considered:

    n/a
  • Pets Allowed:

    n/a
  • View from Apartment:

    n/a
  • Parking:

    n/a
  • Maintenance Includes:

  • Amenities:

  • Appliances:

Description

Habitat Realty is pleased to present this unique investment opportunity for the acquisition of a Duplex with two 3 bedroom / 1 bathroom apartments with a solid cash flow. The duplex has 5,840 square foot lot with T6-8 Open zoning, which allows 150 units per acre. The Duplex is located in a limited sector of blocks with high density in Allapattah neighborhood, being able to build 20 units in a building of up to 8 stories high. The Duplex is just 4 blocks away from Allapattah metro Station, 8 minutes away from Jackson Hospital and just 5 minutes from Wynwood and Design District area. An area that is rapidly expanding and experiencing revitalization. Around the corner is 17 Avenue with easy access to 112 and I95. Actual Cap Rate 6.5%

Contact Miami Residence Realty
Submit online request or call (305)751-1000

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The data relating to real estate for sale on this website comes from the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data provided is deemed reliable but not guaranteed. This website is courtesy of Miami Residence Realty.
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