11402 8Th Ct Biscayne Park, FL 33161

This exceptional 14,800 square foot multifamily property, located at 11402 NE 8th Ct in Biscayne Park, Florida, presents a remarkable investment opportunity. Built in 1930, this property offers significant potential for redevelopment or continued use as a multifamily dwelling. The asking price is $1,145,000. Situated in Miami-Dade County, the property boasts an oversized lot, making it ideal for various development projects. A key advantage is the availability of an assumable loan with an attractive 3.5% interest rate, significantly reducing financing costs for the buyer. The property's central Biscayne Park location adds to its appeal. This is a rare chance to acquire a substantial property with considerable flexibility, whether you envision creating a single-family residence or maintaining the existing multifamily configuration. The sellers are highly motivated, and the property is readily available for viewing. Contact us today to learn more about this fantastic development opportunity in a desirable location. The property's zip code is 33161.