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29 SW 9th Avenue Miami FL 33130 MLS #RX-11070259

29 SW 9th Avenue
Miami, FL, 33130
$1,990,000
Beds
0 Bathrooms
SqFt
0.11 Acres
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$1,990,000
29 SW 9th Avenue
Miami, FL, 33130
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Project Description

Nestled in close proximity to the vibrant Downtown Miami and the dynamic Brickell area, this 6-unit multifamily property offers significant potential for investors and developers alike. With T6-12 O zoning, you benefit from a favorable density allowance of 150 units per acre, opening the door for expansion or redevelopment in one of Miami’s most sought-after neighborhoods.This property not only provides immediate rental income but also positions you strategically to capitalize on Miami’s ongoing growth and urban development. Enjoy the convenience of easy access to dining, shopping, and public transportation, making this an attractive option for tenants seeking the ultimate urban lifestyle.Whether you’re looking to enhance your real estate portfolio or embark on a new development

Property Details

Price:
$1,990,000
MLS #:
RX-11070259
Status:
Active
Baths:
0
Type:
Commercial
Subtype:
MultiFamily (5+ Units)
Subdivision:
BRICKELL RIVERVIEW
Listed Date:
Mar 11, 2025
Lot Size:
4,791 sqft / 0.11 acres (approx)
Year Built:
1925
Brickell Riverview

Schools

Interior

Cooling
Wall- Win A/C
Flooring
Ceramic Tile
For Lease
No
Heating
Window/Wall

Exterior

% Air Conditioned
100.00
Roof
Comp Shingle

Financial

Gross Operating Income
$144,000
Net Operating Income
$126,000
Utilities
Electric, Public Sewer, Public Water

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Quick Information

Profitability of the Property

Net Monthly Income:
Annual Profitability of:
29 SW 9th Avenue
Miami, FL