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Corner lot, great Multi Family Residential Building Development site! Zoned FH-1 - Federal Highway Low-Medium Intensity Multi-Family District. Build up to 4 stories a brand new apartment complex, or keep the existing triplex and expand with more units. Currently fully rented, great income generating property at $5200/mo. Rents could be raised to market prices, long term tenants. Seller states it is a single family structure, used as a triplex. 3 separate water meters and 3 electric meters. Roof 2010. Also has great potential to convert it to Airbnb since it is very close to the beach, shopping, airport. AS-IS, Cash only. Owner may finance.
Listed by Adrienne Malics, Real Broker LLC

Property Details of 1725-1727 Hayes

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The multiple listing information is provided by Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2023 Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers’ personal, non-commercial 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. Data last updated on June 7, 2023

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