Interior
- Bathrooms
- 0
Active · MixedUse
$4,490,000
8900 NW 25th Ave, Miami, FL 33147
- Beds
- —
- Baths
- 0
- Living area
- — sq ft
- $ / sq ft
- —
- Year built
- 1925
- Lot size
- 40,250 sq ft
- HOA fee
- —
- Annual tax
- —
About this property
DEVELOPERS DREAM!! Asking: $4,490,000.00 |40,250 Sqft Lot | Price per Sqft: $111.55 |Price per door: $44,900.00 |UC EDGE - Mixed Use Corridor at 60 Units per acre, 8 Story max |100 Buildable Units with 100 +/- Parking plus Commercial as of right | SB-102: 250 Units +/- Plus Commercial This multifamily property presents a lucrative covered land play, generating a potential $15,000.00 a month in residential income as a multifamily while plans are submitted for approval. This asset is Zoned UC EDGE - Mixed Use Corridor it allow 60 Units per acre , 8 Story max. It benefits from close proximity to Miami Dade College. This project is centrally located within 15-20 from Miami International Airport, Hialeah Hospital, Downtown Miami and Wynwood This site is in high? demand growth corridor.
Property location
Get Directions8900 NW 25th Ave, Miami, FL 33147
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Facts & features
Exterior & Structure
- Property type
- MixedUse
- Year built
- 1925
- Lot size
- 40,250 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- County
- Miami-Dade
- MLS listing ID
- A11886911
- 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
-$8,788
- Cap rate
- 3.3%
- Net yield
- 3.3%
- Cash-on-cash return
- -8.4%
- Gross yield
- 6.6%
- Mortgage payment
- $21,285/mo
- Down payment
- $1,122,500
- Loan amount
- $3,367,500
- Annual NOI
- $149,966
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.