3737 20Th Ct Miami, FL 33142

This exceptional 10,000 square foot lot in Miami, Florida, presents a unique investment opportunity. Located at 3737 NW 20th Ct, Miami, FL 33142, this property is zoned T-5L and offers significant development potential. Currently, a two-bedroom house sits on the lot, generating approximately $1,800 in monthly rental income – a substantial cash flow stream while development plans are underway. The T-5L zoning allows for the construction of 14 units as of right, providing a solid foundation for a multi-family project. However, the potential doesn't stop there; the Live Local Act allows for increased density, opening doors to even more lucrative development possibilities. A survey is available for review, providing detailed information about the lot's dimensions and boundaries. This property is ideally situated in an area experiencing significant revitalization, making it an opportune time to capitalize on the burgeoning growth. The asking price for this prime development land is $799,000. Don't miss this chance to secure a foothold in Miami's thriving real estate market. This is a rare opportunity to acquire a high-yield property with immediate rental income and substantial long-term development potential.