Basic Information
- MLS # A11874907
- Type Single Family Home
- Subdivision/Complex Forest Park
- Year Built 1945
- Total Sqft 7,100
- Date Listed 09/09/2025
- Days on Market 66
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.
Exterior Features
- Waterfront No
- Parking Spaces 0
- Pool No
- Parking Description Driveway, Detached, Garage
- Exterior Features Shed
Interior Features
- Adjusted Sqft 916Sq.Ft
- Interior Features Bedroom On Main Level, Convertible Bedroom, First Floor Entry
- Sqft 916 Sq.Ft
Property Features
- Aprox. Lot Size 7,100
- Furnished Info No
- Lot Description Less Than Quarter Acre
- Short Sale Regular Sale
- HOA Fees N/A
- Subdivision Complex
- Subdivision Info Forest Park
- Tax Amount $6,599
- Tax Year 2024
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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Douglas Elliman. tel: 305-677-5000
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