Interior
- Bathrooms
- 0
Active · MixedUse
$1,050,000
7635 NE 2nd Ave, Miami, FL 33138
- Beds
- —
- Baths
- 0
- Living area
- — sq ft
- $ / sq ft
- —
- Year built
- —
- Lot size
- 4,500 sq ft
- HOA fee
- —
- Annual tax
- $3,042
About this property
Vacant Land subject property is a 4,500 Sq Ft. On NE 2nd Ave. Zoning is T6-8 Open which allows for office, retail ,residential use. Maximum buildable of 24,500 sq, 8 stories and 16 residential units. Vacant Land is near to the Design District is known for its sleek modern architecture, upscale interior design stores and art galleries. Luxury fashion and jewelry boutiques, cafes and celebrity-chef restaurants draw a well-heeled crowd. Vacant land is near Wynwood Neighborhood in Miami, Florida Description Known for its many colorful murals, Wynwood is one of the city’s most happening districts. Vacant land is near to Village of El Portal.
Property location
Get Directions7635 NE 2nd Ave, Miami, FL 33138
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Facts & features
Exterior & Structure
- Property type
- MixedUse
- Lot size
- 4,500 sq ft
Parking
- Covered spaces
- 0
HOA, Community & Financials
- Security
- Fenced
- Annual tax
- $3,042
- County
- Miami-Dade
- Days on market
- 307
- MLS listing ID
- A11925162
- Listing status
- Active
Virtual tour
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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
-$646
- Cap rate
- 5.0%
- Net yield
- 5.0%
- Cash-on-cash return
- -2.6%
- Gross yield
- 6.6%
- Mortgage payment
- $4,978/mo
- Down payment
- $262,500
- Loan amount
- $787,500
- Annual NOI
- $51,978
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.