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670 NW 56th St

Miami, FL 33127
  • $1,200,000
  • STATUS: Active
  • ON SITE: 7 Days
  • MLS #: A11306808
UPDATED: 188 min ago
$1,200,000
  • 0
    BEDS
  • 0.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1952
County:

School Ratings & Info

Description

8 unit Multifamily with 10,500 sqft corner lot zoned T68O. 7 studios and 1 one bed one bath. Currently at a 5.5% Cap - Proforma - 7.98 % Cap - Airbnb Proforma: 14% Cap Zoning allows for an array of uses including mix use residential, short term rental(Airbnb), commercial, retail, office, food and recreational, Alcohol service establishment, religious facility, pre-school, research facility. Zoning also allows to build up to 8 stories for future development. Property is located just west of I-95 with easy access to the airport, Downtown, Brickell, 20 blocks to Midtown and design district, 40 blocks from Wynwood.

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Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2022-11-29T23:50:37.923.
www.thepaizgroup.com/homes/134963888
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670 NW 56th St Miami, FL 33127

  • Price: $1,200,000
  • Status: Active
  • On Site: 7 Days
  • Updated: 188 min ago
  • MLS #: A11306808
0
Beds
0
Baths
0
½ Baths
0.24
Acres
1952
Built
County:
Miami-Dade
Property Description
8 unit Multifamily with 10,500 sqft corner lot zoned T68O. 7 studios and 1 one bed one bath. Currently at a 5.5% Cap - Proforma - 7.98 % Cap - Airbnb Proforma: 14% Cap Zoning allows for an array of uses including mix use residential, short term rental(Airbnb), commercial, retail, office, food and recreational, Alcohol service establishment, religious facility, pre-school, research facility. Zoning also allows to build up to 8 stories for future development. Property is located just west of I-95 with easy access to the airport, Downtown, Brickell, 20 blocks to Midtown and design district, 40 blocks from Wynwood.
Exterior Features

Inclusions Building & Land Parking Features On Street Pool Private YN No View YN No Waterfront YN No

Interior Features

Building Area Total 3049 Flooring Concrete Stories 1

Property Features

Association YN No Business Type Residential-Multi-Family Horse YN No Listing Terms All CashConventional/Refinance New Construction YN No Public Survey Section 13 Senior Community YN No Special Listing Conditions Sale Tax Annual Amount 8995 Zoning 6100

Listing courtesy of Fausto Commercial Realty Consultants Inc: 305-431-2258.


Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2022, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2022-11-29T23:50:37.923.
 
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The Paiz Group | EWM Realty International
1700 East Las Olas Boulevard Suite 103
Fort Lauderdale FL, 33301