Welcome to Jungalow 420 NE 70th St. where Awesome Opportunity Awaits! Location, Location, Location! Rare 6-unit income producing complex on the corner of 70th and 4th Ct. with two detached buildings in the Palm Grove/Ironside neighborhood in the heart of the MiMo District. Near Magic City, Design District, Midtown and Wynwood. Perfect for an investor with 10%+ ROI from day 1 or value-add long-term hold equity growth in one of Miami’s most burgeoning neighborhoods. Building #1 has four 1/1 units and Building 2 has one 2/1 and 1 studio, all fenced for privacy. Possibility to add two more units or increase height to 3 stories per Miami 21 T4-R zoning, with entitled multi-family use, bed and breakfast use by Warrant, or educational use by Exception. Quiet and private with charming patio, picnic area and washer/dryers on-site, you’ve got everything you need! Units are all rented unfurnished with stove, fridge/freezer, central AC, and dishwashers (4). The ideal mix of urban and cottage living for tenants. Only a block away from restaurants, parks, cafes, shops, and entertainment. Please do not disturb tenants. Call owner/agent Vickie Perez.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
