The story
Income-producing, UPDATED 3/1 single-family home on a T5-R lot in Little River, offered at $465,000. Tenant-occupied at $2,650/month, so the buyer gets income from day one; the lease includes a 60-day vacate clause for flexibility, but the tenant has been there for 3+ years and can stay. T5-R zoning allows multifamily development: build a duplex, triplex, fourplex, or up to 10 units and up to 5 stories. (Buyer to verify with the City of Miami). Buy it as a rental today and keep the development upside for tomorrow. Extra-large, gated, and fenced lot. Walking distance to the Jorge Perez. "Related" development and Swerlow's multi-zoning giant project, the Design District, and many more hotspots. Priced to sell. Showings require 24-hour notice to respect the tenant. Please don't disturb.
