Description
This unique property presents a significant opportunity for the right investor or developer. Please note that the property is currently encumbered by substantial liens and several unresolved legal violations. There are structural concerns, including roof damage and leaks, that will require considerable attention and repair. Additionally, the property features five electrical meters servicing eleven units, with some units lacking proper legal status.
While these challenges are considerable, they also offer potential for substantial value creation through redevelopment or rehabilitation. For those interested, please ensure thorough due diligence and consult with legal and construction professionals to fully understand the scope of work required.
Property Details
- Lot DescriptionIn Residential Area
- Property SubtypeIncome/MultiFamily
- CountyMiami-Dade County
- Structure TypeCommercial Condo
- Sewer InformationSeptic Tank
- MLS #A11146510
- MLS #A11146510
- Parking TypeAssigned
- Property TypePurchase
- Cost1799900
- Utility SourcePublic
- Year Built1935
- Stories2
Location
Legal
MIAMI ASSOCIATION OF REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Marjo Realty Co. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS.
Last Updated: . Source: MAOR
Listing Courtesy
Listing Agent: Mario Cabrera Benjamin Jr (#3367844)
Listing Office: RE/MAX Advance Realty (#ADVA02)
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