For Sale

246, Southwest 1st Street, City, United States

Miami-Dade County, FL 33034

$550,000

Highlights

  • 14,500 SF (0.33 acres) lot
  • 8 units

Property facts

Price
$550,000
Property type
Land development, Multi-family
Lot size
14,500 SF (0.33 acres)
Units
8

About this property

Presenting 246 SW 1st St, Florida City—a 14,500 sq ft parcel with approved plans for an 8-unit multifamily development, a large 8,975 sq. ft. building. This three-story project offers a modern design featuring a wood-paneled facade and spacious balconies for all units, providing a welcoming and contemporary living space.The ground floor is thoughtfully designed, with 70% dedicated to covered parking, offering 15 spaces, and the remainder featuring an inviting lobby area. The second and third floors house the residential units: 5 Units – 2 bed / 1.5 bath (1,000 sq. ft. each) 2 Units – 3 bed / 2 bath (1,500 sq. ft. each) 1 Unit – 2 bed / 1 bath (975 sq. ft.) This property is perfect for investors looking for a turnkey project with stable rental potential in a growing area. With its ideal location and thoughtfully designed plans, this development is set to attract tenants looking for comfort and style. Highlights Turnkey Development with Approved Plans: Save time and start building right away with fully approved plans for an 8-unit multifamily building, minimizing pre-construction delays and simplifying the development process. High Demand for Quality Rentals: With 5 spacious 2-bed/1-bath units and 2 larger 3-bed/2-bath units, this project offers diverse rental options, catering to the demand for well-designed living spaces in Florida City, ensuring steady rental income. Strategic Location with Growth Potential: Situated in Florida City, an area experiencing growth and investme

From the listing broker.

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Location

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