$675,000
Active
16 Days Online
3 Beds1 Bath1,243 SQFT
Active

5200 NW 7th Ave Miami, FL 33127

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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 TypeSingle Family Home
  • NeighborhoodBowling Green
  • CountyMiami-Dade
  • Taxes$8,530
  • HOA/Condo/Coop Fees$0
  • Days on Site15 Days
  • MLS StatusActive
  • MLS ID NumberA11586242
  • Home Size Source N/A
  • Year Built1920
  • Lot Size0.11 Acres
  • Full Baths1
  • Partial BathsN/A

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General Features

  • Style AttachedOne Story
  • Construction Stucco
  • Parking On Street
  • Sewer Public Sewer
  • Security Security System Leased
  • Property Sub Type Single Family Residence
  • Garage Spaces 3
  • Zoning 6101
  • Direction Faces South

Interior Features

  • Cooling Wall/ Window Unit(s)
  • Heating Window/ Wall
  • Appliances Electric RangeRefrigerator
  • Flooring Vinyl
  • Interior First Floor EntryDen/Library/OfficeFamily Room

Exterior Features

  • Roof Shingle
  • View None
  • Waterfront Property No
  • Lot Less Than 1/4 Acre Lot
  • Other Structures Shed(s)

Community Features

  • Community Features None
  • MLS Area Bowling Green
  • Security Features Security System Leased

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Monthly Payment (Est.)

$3,571
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