5200 NW 7th Ave Miami FL 33127 MLS #A11586242

5200 NW 7th Ave
Miami, FL, 33127
$675,000
3 Beds
1 Baths
1,243 SqFt
0 Acres
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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.

Property Details

Price:
$675,000
MLS #:
A11586242
Status:
Active
Beds:
3
Baths:
1
Address:
5200 NW 7th Ave
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
BOWLING GREEN
City:
Miami
Listed Date:
May 13, 2024
State:
FL
Finished Sq Ft:
1,243
ZIP:
33127
Year Built:
1920
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CENTURY 21 Carioti

CENTURY 21 Carioti

Miami, FL Real Estate

Phone 239 298-6550

More About CENTURY

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Schools

Interior

Appliances
Electric Range, Refrigerator
Bathrooms
1 Full Bathroom
Cooling
Wall/ Window Unit(s)
Flooring
Vinyl
Heating
Window/ Wall

Exterior

Architectural Style
Attached, One Story
Community Features
None
Construction Materials
C B S Construction, Stucco
Other Structures
Shed(s)
Parking Features
On Street
Roof
Shingle

Financial

Buyer Agent Compensation
3%%
Tax Year
2023
Taxes
$8,530

Map

Community

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disclosure
Courtesy of City Group Consulting, LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Miami, FL. Detailed information about real estate listings held by brokerage firms other than Century 21 Carioti include the name of the listing broker. Neither the listing company nor Century 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Miami, FL. All rights reserved.
Rover IDX
5200 NW 7th Ave
Miami, FL