Description
Major Deal Alert - Faena District Investment Opportunity! PRIME LOCATION. One block from the beach, this fully renovated 1930s 2 story 4-plex is up for SALE with current CASH FLOW. The property consists of 4 separate units which each have 2 Bed 1 Bath. Each unit is 880 Sq Ft Living. Fully Furnished and Washer and Dryer. Property upgrades include hurricane impact windows, new plumbing, new electric, Central A/C, Water Heaters laundry room and on-site parking. 40 Year Recertification Passed. ***Commercial/HOTEL zoning. RM-2. Licensed to do Daily Rentals/AirBnB. Redevelopment play with city ordinances stating a maximum height of 75 feet. Assemblage Opportunity. Buy & Hold and wait for developer buy out. New luxury Developments One Block Away, ''29 Indian Creek ''
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8BEDS
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0.18ACRES
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4BATHS
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01/2 BATHS
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3,701SQFT
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$1,067$/SQFT
School Ratings & Info
Description
Major Deal Alert - Faena District Investment Opportunity! PRIME LOCATION. One block from the beach, this fully renovated 1930s 2 story 4-plex is up for SALE with current CASH FLOW. The property consists of 4 separate units which each have 2 Bed 1 Bath. Each unit is 880 Sq Ft Living. Fully Furnished and Washer and Dryer. Property upgrades include hurricane impact windows, new plumbing, new electric, Central A/C, Water Heaters laundry room and on-site parking. 40 Year Recertification Passed. ***Commercial/HOTEL zoning. RM-2. Licensed to do Daily Rentals/AirBnB. Redevelopment play with city ordinances stating a maximum height of 75 feet. Assemblage Opportunity. Buy & Hold and wait for developer buy out. New luxury Developments One Block Away, ''29 Indian Creek ''
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