Overview
- Updated On:
- July 4, 2024
- 2,785 ft2
Description
An exceptional investment opportunity located at 2126 NW Flagler Ter, Miami, FL 33125, nestled in the vibrant heart of Little Havana. This property is a true cash cow, boasting an impressive annual income of $120,000 with all units currently rented and a 40-year certification obtained in 2018.
Thanks to its 8900 sqft of land with access to two streets this property offers incredible development potential; it has been authorized by the city to construct up to 7 units. Moreover, this property is situated in an Affordable Housing Area, it qualifies for the development of 14 affordable units upon securing the Affordable Housing Certification (AHC).
Easy access to Downtown Miami, Brickell, and Miami International Airport. Plus, excellent public transportation options.
- Principal and Interest
- Property Tax
- HOA fee
