Excellent Location, MIMO District Area of Miami - close to Wynwood, i95, Downtown, Beaches and Museums. This property is the definition of a Covered Land Play. It is zoned T5-L which allows for countless redevelopment opportunities. With the added leniency offered by Florida's SB 102 "Live Local Act", a 20-Unit Multi Family can be achieved. Property is a Single Family…
The Story
361 northeast 57th street
Excellent Location, MIMO District Area of Miami - close to Wynwood, i95, Downtown, Beaches and Museums. This property is the definition of a Covered Land Play. It is zoned T5-L which allows for countless redevelopment opportunities. With the added leniency offered by Florida's SB 102 "Live Local Act", a 20-Unit Multi Family can be achieved. Property is a Single Family Home in great condition and well maintained. It has a long term tenant which pays $2750 monthly with plenty of room to increase to market rent. Please do not bother the tenant.Sellers have a survey showcasing property is 50 x 100 (5000 sq ft) but make no claims. Buyer responsible to perform his/her due diligence as to what can and will be allowed to be built at this property. Call or Text Agent for further inquiries.
Facts & Features
Property Info
Price
$799,000
Completion Year
1,951
Living Space
1,032 sq ft
Bedrooms
2
Bathrooms
1
Features & Amenities
Central Cooling
Stay comfortable year-round with efficient climate control.
Heating
Warm, cozy interiors for every season.
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