268 NW 11th St

Overtown, Miami, FL 33136

$25,000,000
Land
Source of Data:
Greater Fort Lauderdale Realtors

Property Description

This is an amazing opportunity in the booming location of Overtown. In the past 10 years Overtown has seen an influx of new developments including Soleste Grand Central, the Lyre House, and new low income/affordable housing and mixed use high rise projects. Brightline transportation and retail shops within walking distance. This property is currently being leased to multi-unit apartment complex that operate under a Low-Income Housing Agreement (LURA) with the Florida Housing Corporation. Zoning is T6-8- L. The lessee pays the taxes and the lease expires in September 2055. There are 2 lots included (268 NW 11ST & 271 NW 10 ST). The total sf and acreage includes both lots. Income represented by owner.
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PROPERTY DETAILS

  • Exterior
    1.2 Acres
  • Property Type
    Land
  • MONTHLY REAL ESTATE TAX
    $6,799
  • MLS/Listing ID
    F10354295
Listing Courtesy of Faith Properties, LLC, LaShonne Liebman - (954) 274-1315