AS-IS Wynwood Norte infill opportunity: tenant-occupied triplex on approx. 7,150 sq ft lot near Midtown, Design District and Wynwood Walls. T4-R NRD-2 General Urban Transect supports urban redevelopment. Zoning, density, unit count, height, stories, and parking to be independently verified by buyer and buyer’s architect. Estimated development potential: approx. 24 units, 3 stories as marketed, and up to 5 stories by right, potentially 6 with bonuses; exact zoning/overlay to be confirmed during due diligence. zoning, density, setbacks, build-to and permitting). In-place income approx. $2,450/month-to-month tenants provide flexibility for repositioning or redevelopment while offering immediate cash flow for buy-and-hold investors. Offered AS-IS/where-is, subject to buyer due diligence. Annual taxes approx. $12,404 (buyer to verify).
2,018 Sq Ft
investment
$1,034 Monthly Tax
Built in 1925
MLS/Listing ID A12007378
PRICES ADDN TO ST JAMES P
1 Stories
3 Units
Cooling - Central Air
Ceramic Tile
Heating - Electric
Construction - CBS
Concrete
Public Sewer
Water
TOTAL MONTHLY COST
$0
$0
$0
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