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Multi Family - for Sale

660 NW 29TH ST, MIAMI, FL 33127

Asking Price$3,500,000

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  • Lot size 14000sqft
  • Taxes $8,572
  • Year Built 1948
  • Days on market:

    360 day(s)
  • Original Price:

    $3,500,000
  • Tax Legal Description:

    NORTHERN BLVD TR PB 2-29 LOT 9 BLK 15 LOT SIZE 50.000 X 140 OR 19660-3437 04 2001 4 (6)
  • Property Type:

    Multi Family
  • Parking:

    Common Guest
  • Inclusions:

    Inventory,Leases
  • Lease Term Remaining:

    Month To Month
  • Heating Description:

    Wall/Window Units
  • Special Listing Conditions:

    Sale

Description

$3,500,000

This portfolio presents a 14,000 sf three-parcel assemblage with mixed use leasable space consisting of 7 unit duplex and office building located a block away from gateway into wynwood’s art & entertainment district. with existing cash flow generated from leases at below market value, the property has tremendous upside potential to further increase revenues while benefiting from the imminent transformation of west of west, allapatah district. zoning allows to build upto 8 floors for a new build. also zoned for retail,hotel-inn, bed & breakfast, offices, industrial. several significant new projects are located within only a block or two of the property. short walk to wynwood. 10 min drive to miami beach, downtown, brickell. prime location and high visible traffic

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