Description

This 7,100-square-foot lot in Wynwood Norte presents a unique opportunity to develop multifamily of 24 units maximum 3 floors or a single-family home in one of Miami’s fastest-growing emerging neighborhoods. While your permits are being approved, the property can generate approximately $52,800 in annual income, with tenants covering all utility expenses and the owner responsible for only about $13,000 per year in property taxes. Don’t miss this exceptional investment opportunity with immediate income potential and long-term development upside.