7th Avenue Highlands Properties

Investor / Development Opportunity. Single Family 4/2 In A Huge Lot Of 10,800 Sqf. With Excellent Potentialthe Land Consists Of Two Lots Of 5,400 Sqf. Each (lot 20 & 21 Blk 12), Zoned T3 O (open). Primary Zone 5700 Duplexesthere Are A Few Options For Development, Its Possible To Build A Two Story Duplex Of About 2,000 Sqf. Per Story In Each Lot, Or To Rent The Existing Single Family And To Build A Duplex In The Vacant Lot.minimum Expected Cap Rate 8.5%great Location Close To Schools And Shopping, Within 5 Minute To Wynwood And Design District, A Few Minutes Drive To I 95, 10 Minutes To Downtown Miami And South Beach, And 15 Minute Drive To Miami Airport.this Area Has Already Seen A Huge Influx Of Investors And The Neighborhood Is Becoming One Of The Hottest Areas In Miami.