Price: $825,000
MLS Number: A12080496
Single Family
812 NW 29th Ter, Miami, Florida 33127 USA
| Elementary School: Santa Clara |
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| High School: Miami Jackson |
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DEVELOPMENT OPPORTUNITY – 6,000 SF LOT | CURRENT RENTAL INCOME
Excellent opportunity to own a property situated on approximately 6,000 SF of land, currently featuring a rented single-family home generating $3,700 per month in rental income.
The property offers both immediate rental income and significant future development potential. The adjacent 8,850 SF property, which includes a rented duplex generating approximately $5,800 per month, is also available for sale separately. Purchasing both properties would allow a buyer to assemble approximately 14,850 SF of contiguous land, creating an attractive opportunity for future development, subject to zoning and municipal approvals.
Ideal for investors, developers, or builders looking to acquire a property with existing income while exploring the potential of a larger land assemblage.
Property offered for sale separately. Adjacent 8,850 SF property also available separately. Buyer to independently verify zoning, land use, density, and development potential with the municipality.
MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. This property is courtesy of Related General Realty, LLC..