| 2049 SW 7th St Miami, FL 33135 |
| Listed Date YYYY/MM/DD:2023-07-14 | ID: 1011419760 |
| Price: $975,000 | County: Miami-Dade County |
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| Area: 41 | Square Footage: |
| Property Tax: $4,597.00 | Water Supply: Municipal Water,Other |
| Sewer Description: Municipal Sewer,Other Sewer | Zoning Information:3900 |
| Folio Number: 01-41-03-016-0531 |
| Number of Units: | Year Built: 1951 |
| Number of Parking Spaces:4 |
| Lot Description: Less Than 1/4 Acre Lot |
| Year Built Description: Effective Year Built | Gross Rent Income: $ |
| Net Operating Income: $ | Number of Stories: 1.0000 |
| Tax Year: 2022 | Tax Information:Tax Reflects City & County Tax |
| Legal Description: WEST SHENANDOAH PB 9-130 UNDIV 1/2 INT IN LOT 16 BLK 6 2049 SW 7 ST LOT SIZE 3400 SQUARE FEET OR 18630-1279 05 1999 4 |
| Both Folio equal 6800 lot size. It is an excellent investment. Well located, one block from Calle 8, and with approval to build up to 9 units, it offers great potential. The fact that it can be converted into residential property is a bonus, as the demand for homes is often high. Zone T4 is also favorable as it generally allows for a variety of residential uses and may have reasonable height and density restrictions. This means that you have the flexibility to design and build different types of residential units on the property. Also, having ample parking is a plus, as many residents appreciate having enough space to conveniently park their vehicles. Overall it appears that this property has great potential to generate income and increase in value in the long term. |