2238 NW 7Th St Miami, FL 33125
Fully leased mixed-use property with high income and redevelopment potential.
Lot size:
0.15 AcresProperty Features for 2238 NW 7Th St
General Information
- Property type
- Commercial
- Standard status
- Active
- Lot size
- 0.15 Acres
Building Details
- Year built
- 1926
Source:
Elliman
Listing Agent: Wilmer Garcia
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Income-Generating Mixed-Use Investment Opportunity
This income-generating mixed-use investment comprises two contiguous parcels situated in Zone T6-8-0. The properties, while listed separately under folios 01-4103-029-0080 and 01-4103-029-0070, will be conveyed as a single package. Parcel .0080 features a fully leased office building that generates $8,240 per month, along with a one-bedroom apartment renting for $2,000 per month and a studio apartment renting for $1,100 per month. Parcel .0070 includes a three-bedroom, one-bathroom house with a monthly rent of $2,500, a studio apartment renting for $1,250 per month, and two one-bedroom apartments each generating $2,000 per month. The combined monthly income from both parcels totals $19,090. The T6-8-0 zoning designation allows for mixed-use development, presenting future redevelopment potential. The location is in high-demand, with close proximity to retail establishments, transit options, and major thoroughfares, supporting both immediate cash flow and long-term appreciation.
Location Intelligence
Current Use by Public Records
Ceramica Y Pintura ...
Construction Company
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.232
- Latitude
- 25.779399
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Fully leased mixed-use property with high income and redevelopment potential.
Where is this mixed-use property located?
The property is located at 2238 NW 7Th St Miami, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: - Substantial monthly income of $19,090 from a mix of residential and commercial rentals.; - Two contiguous parcels being sold together as a single investment package.; - Zoning T6-8-0 permits mixed-use development, offering future redevelopment potential.
