61 NW 17th Place, Miami, FL 33125
- $1,500,000
- List Price
- $1,500,000
- Status
- ACTIVE
- Days on Market
- 191
- MLS#
- A11977546
- Subtype
- Land
- Lot Size
- 7,000
- Acres
- 0.16
- Subdivision
- Orange Park
- MLS Area Major
- 2410
Property Description
Multifamily Development Project for Sale – Ready to BuildExceptional investment opportunity in the Orange Park subdivision, located just minutes from LoanDepot Park and Downtown Miami, two of Miami’s most desirable and growing areas.This project is currently in the final stage of approval (Process #BD24-026131-001) with final plans approval expected within 30 days or less, making it a near shovel-ready development.Project Highlights:12 Residential UnitsEach unit: 2 Bedrooms / 2 BathroomsProjected Rent: $2,600 per unitEstimated Gross Monthly Income: $31,200Estimated Gross Annual Income: $374,400With strong rental demand in the area and proximity to downtown Miami, this project presents a rare opportunity for developers and investors looking for a high-yield multifamily asset.Almost ready to break ground. Contact us today for more information.
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Additional Information
- Taxes
- $10,082
- Elementary School
- Citrus Grove (Miami-Dade)
- Middle School
- Citrus Grove
- High School
- Miami
Listing courtesy of BRS. Contact:
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Agent: Angel D Barreiro | Email: angel@brsrealtors.net