Florida, Miami-Dade County, Miami, 80th St

Hot deal for developers or investors. The vacant land lot is situated in upper eastside area, one of miami’s most up-and-coming neighborhoods, it is a few steps of walking distance to the busy biscayne blvd. And 79th street; conveniently close to i-95, mimo, wynwood, midtown, design district, downtown, and miami beach. With a total size of 6, 930 sf this lot is zoned t6-8-o plans have been approved by the zoning and planning department of city for a contemporary residential building of 20 units (sixteen 2/2 and four 3/2). The building consists of 24, 416 sqf. In five levels on a 6, 930 sf lot. Expected cap rate 10, 51% owner financing available up to 50% for qualified buyer (36 months balloon mortgage)