5200 NW 7TH AVE
MIAMI, FL 33127
$675,000
3 Beds
1 Baths
1,243 Sq Ft
Status Active
MLS# A11586242
Fully remodeled 3 bed/2 bath property with zoning for up to 5 stories on the busy NW 7th Ave corridor. Opportunity to develop up to 11 units of mixed-income housing, with plans underway. With potential of generating over $30K annually without further improvements, this property is perfect for a developer looking to leverage strong rezoning incentives while capitalizing on short-term income as the neighborhood thrives. Currently fully rented at $2,800 to a reliable tenant using it as an office, willing to stay or vacate if needed.
Details for 5200 NW 7TH AVE
Built in 1920
$543 / Sq Ft
3 parking spaces
Wall/Window Unit(s)
Wall Furnace
16 Days on website
0.11 acres lot