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.
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