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Income Producing Triplex with Prime ReDevelopment Potential 8 CAP Opportunity 320 NW 11th Ave

Featured For Sale
320, Northwest 11th Avenue, Latin Quarter, Miami, Miami-Dade County, Florida, 33128, United States
  • Land development
  • Property Type
  • 2,119
  • ft²
  • 5,000
  • Lot ft²
Featured For Sale
Income Producing Triplex with Prime ReDevelopment Potential 8 CAP Opportunity 320 NW 11th Ave
320, Northwest 11th Avenue, Latin Quarter, Miami, Miami-Dade County, Florida, 33128, United States

Details

Updated on December 5, 2024 at 8:20 pm
  • Property ID: FC-320 NW 11th Ave
  • Price: $685,000
  • Property Size: 2,119 ft²
  • Land Area: 5,000 ft²
  • Property Type: Land development
  • Property Status: For Sale

Description

Fausto commercial is proud to present 320 NW 11 Ave, a highly sought-after income-producing triplex sitting on a 5,000 sq. ft. T4-zoned lot in East Little Havana. This property features two 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, generating solid income while offering significant development potential. With T4 zoning and the ability to maximize density through government incentives and double-density programs, this lot could support a 4-unit or even 8-unit development—ideal for catering to the area’s growing housing demand.

The property is nestled in one of Little Havana’s more residential neighborhoods, featuring tree-lined streets and a peaceful ambiance. It offers residents a quick commute to key employment and entertainment hubs like Downtown Miami and Brickell. This is an excellent opportunity for investors looking for a covered land play in a high-demand rental area with strong fundamentals and impressive growth potential.

Don’t miss out on this East Little Havana gem – a perfect blend of current income and future upside!

Property Documents

1. FAUSTOCOMMERCIAL - FLYER-37
  • Address 320, Northwest 11th Avenue, Latin Quarter, Miami, Miami-Dade County, Florida, 33128, United States
  • City Miami
  • State/county Miami-Dade County
  • Zip/Postal Code 33128

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