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    OFF-MARKET
    Commercial real estate

    2604 9Th St, Miami, FL 33135

    Property ID
    US18-2212974
    Property summary
    AI-generated overview

    This exceptional Miami property, located at 2604 SW 9th St, Miami, FL 33135, presents a unique development opportunity. Currently priced at $550,000, this special purpose property boasts a highly desirable location in Miami-Dade County. The existing structure offers a three-bedroom, three-bathroom unit that can generate rental income while securing necessary city approvals for a new development. The property is zoned for multi-family use, allowing for the construction of between two and nine units. Prospective buyers are encouraged to verify development specifics with the city. The seller is firm on the asking price of $550,000 and will not consider offers below this amount. This is an excellent chance to capitalize on Miami's thriving real estate market and create a lucrative multi-family investment. The property's latitude and longitude coordinates are 25.7642343 and -80.237991 respectively. This prime location offers significant potential for a savvy investor seeking a high-return development project. Don't miss this chance to acquire a valuable piece of Miami real estate.

    Property profile
    Verified
    Property type Commercial real estate
    UPID US18-2212974
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Pimminros Co, Llc (Bike/Boat/Book/etc) Store Hardware & Home Improvement
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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