Interior
- Bathrooms
- 0
Active · MixedUse
$2,500,000
1121 NW 29th St, Miami, FL 33127
- Beds
- —
- Baths
- 0
- Living area
- — sq ft
- $ / sq ft
- —
- Year built
- 1940
- Lot size
- 10,150 sq ft
- HOA fee
- —
- Annual tax
- —
About this property
Fantastic opportunity with lots of possibilities! Parking lot and well maintained building both included in sale. Building has warehouse, kitchen, 2 bathrooms, manufacturing areas, numerous reception, office, and meeting rooms Both zoned T4-O provides incentives for Mixed-Use Multi-Family Development. Possible potential for developed at a density of 36 units/acre, for development, a total of 9 units. Building of 9 units erected above the parking could possibly be done. Based to its proximity to SW 12 Ave., a possible Transit Corridor, that additional bonuses for units could be granted. Also, available via Workforce Housing etc. , Density Bonuses that could be granted, parking reductions etc. Great location walking distance to Wynwood, near 1-95
Property location
Get Directions1121 NW 29th St, Miami, FL 33127
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Facts & features
Exterior & Structure
- Property type
- MixedUse
- Year built
- 1940
- Lot size
- 10,150 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $0
- County
- Miami-Dade
- MLS listing ID
- A11894519
- 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.