Courtesy of: Ander Egurrola, Avenew Realty Corp, ander@themethodre.com
Courtesy of: Ander Egurrola, Avenew Realty Corp, ander@themethodre.com
$1,999,999
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Single Family Attached
|
$1,999,999
641 NW 2nd St Prime Little River investment opportunity offering immediate income, value add potential, and long term redevelopment upside. Six unit multifamily property consisting of all 2 bedroom 1 bathroom units situated on a 7, 500 sq ft lot with T6-8-O zoning. The building has been significantly improved with a new roof, updated electrical and plumbing, and completed 40 year recertification, providing a solid, low risk foundation for any investor. Each unit includes assigned parking and there is on site laundry, enhancing tenant retention and operational efficiency. For income focused buyers, this is a stable asset with strong rental demand in a rapidly growing area. For value add investors, there is clear potential to increase rents and further optimize the property. For developers, T6-8-O zoning allows for high density mixed use development up to 8 stories, creating a rare opportunity to build vertically in one of Miami’s fastest evolving corridors. Strategically located minutes from Wynwood, Downtown Miami, the Design District, and major highways. This is not just a property, it is a flexible investment play that works today and scales for the future.
Courtesy of: Ander Egurrola, Avenew Realty Corp, ander@themethodre.com
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