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Updated home for owner user or rental income in Miami, FL between all the hot & gentrifying areas of Magic City, Little River and Swerdlow’s new mixed-use development of 5,700 units within blocks. Home currently generates $28,800 in annual rental income, providing cash flow. Large 3/1 on 7,100 sq ft lot, zoned T5-R, allows for the development of up to 10 townhomes or 20 affordable housing units in up to 5 stories, but nearly permit approved for 8 townhomes. Located in a designated Opportunity Zone, offering potential tax benefits for investors. The land is clear with no trees to remove, streamlining development and reducing yard work or tree mitigation. The property has utilities available & near major roads and public transit. Please do not contact or disturb the tenants.
Address | Unit # | Price | %Chng | Bed/Bath | Square Feet | Square m2 | Maint/$ |
---|---|---|---|---|---|---|---|
6721 NW 3rd Ave | $350,000 | 4/2 | 1,780 | 165 | $0 | ||
6545 NW 6th Ave | $365,000 | 2/1 | 650 | 60 | $0 | ||
605 NW 65th St | $416,000 | 3/1 | 936 | 87 | $0 | ||
151 NW 64th St | $460,000 | 3/2 | 1,228 | 114 | $0 | ||
5511 NW 4th Ave | $500,000 | 11.11% | 2/2 | 1,135 | 105 | $0 | |
105 NW 58th St | $503,000 | 4/2 | 1,897 | 176 | $0 | ||
329 NE 58th St | $510,000 | 18.88% | 3/2 | 1,558 | 145 | $0 | |
121 NW 68th St | $528,000 | 11.16% | 2/1 | 824 | 77 | $0 | |
5636 NW 4th Ave | $534,999 | 3/2 | 984 | 91 | $0 | ||
6400 NW 1st Pl | $550,000 | 4/3 | 1,768 | 164 | $0 | ||
5900 NW 5th Ct | $550,000 | 3/2 | 819 | 76 | $0 | ||
5709 NW 5th Ct | $575,000 | 4/3 | 0 | 0 | $0 | ||
6723 NW 6th Ave | $585,000 | 4/2 | 1,400 | 130 | $0 | ||
5938 N Miami Ave | $589,999 | 6/2 | 1,424 | 132 | $0 | ||
6535 NW 6th Ave | $595,000 | 3/1 | 916 | 85 | $0 |
Unit # | Closed Date | Sold Price | List Price | Bed | Bath | Living Area | Days on Market |
---|---|---|---|---|---|---|---|
08/29/2025 | $525,000 | $615,000 | 2 | 1 | 1,016 | 9 months | |
08/27/2025 | $559,900 | $559,900 | 4 | 2 | 1,417 | 2 months | |
08/18/2025 | $350,000 | $379,900 | 2 | 1 | 848 | 2 months | |
08/06/2025 | $438,000 | $465,000 | 3 | 2 | 1,100 | 4 months | |
07/11/2025 | $400,000 | $375,000 | 2 | 1 | 602 | 1 month | |
07/11/2025 | $400,000 | $423,000 | 2 | 2 | 1,223 | 1 month | |
07/10/2025 | $375,000 | $399,900 | 3 | 2 | 1,646 | 4 months | |
06/26/2025 | $380,000 | $400,000 | 2 | 2 | 736 | 5 months | |
06/16/2025 | $355,000 | $399,000 | 2 | 1 | 1,112 | 6 months | |
06/13/2025 | $450,000 | $460,000 | 2 | 1 | 930 | 4 months | |
05/30/2025 | $250,000 | $295,000 | 2 | 1 | 1,918 | 3 days | |
05/16/2025 | $569,000 | $625,000 | 4 | 2 | 1,652 | 1 month | |
05/02/2025 | $590,000 | $599,000 | 2 | 1 | 1,858 | 6 months | |
04/18/2025 | $451,000 | $482,000 | 3 | 2 | 1,053 | 7 months | |
04/10/2025 | $285,000 | $410,000 | 4 | 2 | 912 | 2 months |
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