Courtesy of: Ileana Rodriguez, RE/MAX Advance Realty II, ileana@ileanasellsmiami.com
Courtesy of: Ileana Rodriguez, RE/MAX Advance Realty II, ileana@ileanasellsmiami.com
$1,500,000
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Lot: 0.32 Acres
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Other
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$1,500,000
10 W 53rd Ter Development Potential: approved plans: 4 units, each with 3 bedrooms and 2 bathrooms (1, 600 sq ft per unit) Potential income $14, 000 per month Maximum potential: (plans can be modified)to up to 12 units . Additional Considerations: Appreciation: Plans include 8 parking spaces, which may need to be increased if the number of units is maximized. Rental market: Research the local rental market to determine demand for 3/2 units and potential rental rates. Overall, this property offers significant potential for investors looking to capitalize on the growing demand for multifamily housing. Current State: Main house: 4 bedrooms, 3 bathrooms (potential rental income) Efficiency unit: 1 bedroom, 1 bathroom Land: 13, 127 sq ft corner lot
Courtesy of: Ileana Rodriguez, RE/MAX Advance Realty II, ileana@ileanasellsmiami.com
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