$798,000 Price Analysis 6734 NW 5th AveMiami, FL 33150 4 bed 3 bath unknown SqFt ($0/SqFt) 0.25 acre lot. Built 1941 Listed 2024-07-17, Taxes $9,285 | Ⓧ USDA Ineligible due to price & location near Pinewood Park |
INVESTOR/DEVELOPMENT OPPORTUNITY. 4/3 Single home family in a huge double lot of 10, 800 SF with excellent potentil. This is a TURNKEY PROPERTY, completely renovated and ready for rental with expected CAP rate of 9%. The land consists of two lots of 5, 400 SF. each ( Lot 20 and 21 BLK 12) zoned T3-O (open). Primary zone 5700 DUPLEXESGENERAL. MIAMI 21 Affordable Housing Program also allows DOUBLE DENSITY development with the opportunity and flexibility to build up to 8 Units!!
There are many options for development of this lot. Great location close to schools and shopping, within a few minutes to Wynwood, I-95, downtown Miami, beaches and the airport. Owner financing available up to 50% for qualified buyer (36 months balloon mortgage)
Presented by Carol Goulart at
Xcellence Realty.
Property MLS #A11625067 from MiamiMLS
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $161,924 + $270,072 $431,996 | $9,285 |
2021 | $unknown + $unknown $192,087 | $4,740 |
2020 | $29,768 + $144,857 $174,625 | $4,099 |
2019 | $unknown + $unknown $110,371 | $3,382 |
2018 | $unknown + $unknown $100,338 | $2,871 |
2017 | $69,059 + $81,316 $150,375 | $2,726 |
2016 | $unknown + $unknown $82,925 | $2,466 |
2015 | $unknown + $unknown $75,387 | $2,173 |
2014 | $41,527 + $27,007 $68,534 | $1,934 |
2013 | $unknown + $unknown $64,897 | $1,850 |
2012 | $unknown + $unknown $45,787 | $849 |
2011 | $unknown + $unknown $56,389 | $886 |
2010 | $unknown + $unknown $55,556 | $909 |
2009 | $unknown + $unknown $54,096 | $857 |
2008 | $unknown + $unknown $54,042 | $849 |
2007 | $unknown + $unknown $52,468 | $822 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.