4420 NW 7th Ave, Miami, FL 33127 — MLS photo

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4420 NW 7th Ave, Miami, FL 33127

Active · SpecialPurpose

$2,500,000

4420 NW 7th Ave, Miami, FL 33127

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
1958
Lot size
17,500 sq ft
HOA fee
—
Annual tax
—

About this property

17500 SQUARE FEET OF LAND ZONED T 5 O CITY OF MIAMI.WE ARE OFFERING A UNIQUE MIXED-USE DEVELOPMENT OPPORTUNITY IN THE CITY OF MIAMI. SITE AREA 17500 SQUARE FOOT SIX LOTS. PRICED AT $142.85 PER SQUARE FOOT $55,000.00 PER DOOR 40 UNITS .10 GROUND FLOOR COMMERCIAL UNITS APPOX 1000 SF UNITS AND 30 WORKFORCE UNITS 2ND THROUGH 5 FLOORS. FINDING A CITY OF MIAMI DEVELOPMENT SITE AT $55,000 PER-DOOR LAND BASIS WITH MIX USE ENTITLEMENT POTENTIAL IS BECOMING DIFFICULT. CONTACT YOUR DEVELOPERS LET'S MAKE A DEAL

Property location

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4420 NW 7th Ave, Miami, FL 33127

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Facts & features

Interior

Bathrooms
0

Exterior & Structure

Property type
SpecialPurpose
Year built
1958
Lot size
17,500 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Miami-Dade
MLS listing ID
A11412600
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$4,893

Cap rate
3.3%
Net yield
3.3%
Cash-on-cash return
-8.4%
Gross yield
6.6%
Mortgage payment
$11,851/mo
Down payment
$625,000
Loan amount
$1,875,000
Annual NOI
$83,500

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.