Great opportunity to purchase this 122-unit multifamily property in Overtown, an area that has experienced tremendous growth in the last five years.
Florida, Miami
$12,000,000 / AED44,069,042
Location: Florida, Miami
Plot size & built up area: Sqft
Property Availability Status :
Great opportunity to purchase this 122-unit multifamily property in Overtown, an area that has experienced tremendous growth in the last five years. Multiple developments under construction within blocks, future developments going through entitlement process, and neighborhood appeal amenities being built. Just south of 11th Street and 3rd Ave, this property is conveniently situated right next to I-95, within a short drive to all of Downtown Miami. **Important to note: the building has a tenant that carries a remaining 36 year lease-hold interest on the property. Buyer would be purchasing ownership of the land with the right to ownership of the building once lease expires.
General Description | |
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Web Reference: | RO-RETSCLS-MX-704102009 |
Ref/MLS No: | A10789994 |
Country: | United States |
State: | Florida |
City: | Miami |
Latitude: | 25.783883 |
Longitude: | -80.19936200000001 |
Exclusive: | No |
Property Type: | Commercial |
Commercial Property Type: | Apartments/Condos |
Furnished: | No |
Tenanted: | No |
No. of Bathrooms: |
Attributes | |
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Lot/Plot Size SqF: | 30000.00 |
Lot/Plot Size SqM: | 2786.55 |