435 NE 77th St Rd Miami FL 33138 MLS #A11612417

435 NE 77th St Rd
Miami, FL, 33138
$3,850,000
Beds
0 Baths
0 SqFt
0.5 Acres
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Development opportunity with T4-R-General urban zoning, this prime real estate gem offers a lucrative opportunity to create a dynamic multi-family development. Property has 110 feet of captivating river frontage with ocean access, and situated alongside a lush park. This is truly a unique property with unlimited potential. The property is in close proximity to major upcoming development sites and is currently generating an impressive rental income of $9950 per month for the next two years. The steady cash flow sets the stage for a profitable investment that yields both immediate returns and long-term prosperity.
For the discerning investor partial owner financing is also available, offering a flexible and attractive arrangement to kickstart your development vision.

Property Details

Price:
$3,850,000
MLS #:
A11612417
Status:
Active
Beds:
0
Baths:
0
Address:
435 NE 77th St Rd
Type:
Single Family
Subdivision:
FEDERAL WAY AMD
City:
Miami
Listed Date:
Jun 24, 2024
State:
FL
ZIP:
33138
Lot Size:
20,460 sqft / 0.50 acres (approx)
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Buyer Agent Compensation
.01%%
Tax Year
2023
Taxes
$34,482

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